Investment analysts at Robert W. Baird raised their price objective on shares of Clean Harbors (NYSE:CLH) from $59.00 to $65.00 in a note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price objective would indicate a potential upside of 14.48% from the company’s current price.
Shares of Clean Harbors (NYSE:CLH) traded down 1.83% on Thursday, hitting $56.78. The stock had a trading volume of 638,184 shares. Clean Harbors has a 52-week low of $48.22 and a 52-week high of $64.12. The stock’s 50-day moving average is $59.92 and its 200-day moving average is $56.5. The company has a market cap of $3.441 billion and a P/E ratio of 31.01.
Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, November 6th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.07. The company had revenue of $907.50 million for the quarter, compared to the consensus estimate of $893.78 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. Analysts expect that Clean Harbors will post $2.10 EPS for the current fiscal year.
A number of other firms have also recently commented on CLH. Analysts at KeyCorp reiterated a “buy” rating on shares of Clean Harbors in a research note to investors on Thursday. Separately, analysts at Wedbush raised their price target on shares of Clean Harbors from $65.00 to $74.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Clean Harbors presently has a consensus rating of “Buy” and an average target price of $67.46.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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