Clean Harbors (CLH) Receives a Buy from Stifel Nicolaus

Stifel Nicolaus analyst Michael E. Hoffman maintained a Buy rating on Clean Harbors (CLHResearch Report) on August 5 and set a price target of $127.00. The company’s shares closed yesterday at $111.74.

E. Hoffman covers the Services sector, focusing on stocks such as Casella Waste, Clean Harbors, and Heritage-Crystal Clean. According to TipRanks, E. Hoffman has an average return of 13.6% and a 62.64% success rate on recommended stocks.

Clean Harbors has an analyst consensus of Strong Buy, with a price target consensus of $124.86, implying an 11.74% upside from current levels. In a report released on August 4, BMO Capital also maintained a Buy rating on the stock with a $124.00 price target.

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The company has a one-year high of $118.89 and a one-year low of $81.56. Currently, Clean Harbors has an average volume of 337.8K.

Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is neutral on the stock.

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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.

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