Analyst Rating Update on Clean Harbors (CLH)

Clean Harbors (CLH) : 4 brokerage houses believe that Clean Harbors (CLH) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Clean Harbors (CLH). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.3.

Clean Harbors (CLH) : The consensus price target for Clean Harbors (CLH) is $56 for the short term with a standard deviation of $4.43. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $50.

Company shares have received an average consensus rating of Hold for the current week


Clean Harbors (NYSE:CLH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.72 and $48.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.32, notching a gain of 0.18% for the day. The total traded volume was 856,689 . The stock had closed at $51.23 on the previous day.

Clean Harbors, Inc. is a provider of environmental, energy and industrial services throughout North America. The Company operates in six segments: Technical Services, which provides a range of hazardous material management services; Industrial and Field Services, which provides industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking,; Oil Re-refining and Recycling, which processes used oil into base and blended lubricating oils; SK Environmental Services, which consists of Safety-Kleens branches and provides a range of environmental services; Lodging Services, which provides lodges and remote workforce accommodation facilities, and Oil and Gas Field Services, which provides fluid handling, fluid hauling, production servicing, surface rentals, seismic services. The Company has a network of over 400 service locations across 48 states, eight Canadian provinces, Puerto Rico, Mexico and Trinidad.

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