Raymond James analyst Patrick Brown upgraded Clean Harbors (CLH) to Buy today and set a price target of $85.00. The company’s shares closed last Monday at $69.83.
According to TipRanks.com, Brown is a top 100 analyst with an average return of 18.4% and a 80.1% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and GFL Environmental.
Currently, the analyst consensus on Clean Harbors is a Strong Buy with an average price target of $77.50, which is an 11.9% upside from current levels. In a report issued on November 5, UBS also upgraded the stock to Buy with a $80.00 price target.
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Clean Harbors’ market cap is currently $3.86B and has a P/E ratio of 30.20. The company has a Price to Book ratio of 9.26.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CLH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Clean Harbors, Inc. engages in the provision of environmental, energy, and industrial services. It operates through the Environmental Services and Safety-Kleen business segments. The Environmental Services segment consists of the technical services; industrial services; field services; and oil, gas, and lodging businesses. The Safety-Kleen segment includes parts washer services, containerized waste services, vac services, used motor oil collection, and sale of base and blended oil products as well as complementary products. The company was founded by Alan S. McKim in 1980 and is headquartered in Norwell, MA.
