Clean Harbors with ticker code (CLH) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 130 and 95 with a mean TP of 120.45. Given that the stocks previous close was at 94.42 this is indicating there is a potential upside of 27.6%. The 50 day moving average now sits at 96.01 and the 200 day moving average is 98.79. The company has a market capitalisation of $5,164m. Company Website: https://www.cleanharbors.com
The potential market cap would be $6,587m based on the market concensus.
Clean Harbors provides environmental and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack services, which comprise collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment and resources that performs field services. The Safety-Kleen segment offers specially designed parts washers; automotive and industrial cleaning products, such as antifreeze, windshield washer fluid, degreasers, glass and floor cleaners, hand cleaners, absorbents, mats, and spill kits; pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; and vacuum services to remove solids, residual oily water and sludge, and other fluids from customers oil/water separators, sumps, and collection tanks, as well as remove and collect waste fluids found at metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants; and provides containerized waste, vac services, used motor oil collection, and contract blending and packaging services. Clean Harbors was founded in 1980 and is headquartered in Norwell, Massachusetts.
