Clean Harbors Inc (CLH) is Reiterated by Imperial Capital to Outperform, Raises Price Target to $ 55

Clean Harbors Inc (CLH) was Reiterated by Imperial Capital to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 55 from a previous price target of $53 . Imperial Capital advised their investors in a research report released on May 5, 2016.

Many Wall Street Analysts have commented on Clean Harbors Inc. Clean Harbors Inc was Initiated by Sterne Agee CRT to “Neutral” on Mar 22, 2016.

On the company’s financial health, Clean Harbors Inc reported $-0.22 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $-0.22. The company had revenue of $636.10 million for the quarter, compared to analysts expectations of $659.17 million. The company’s revenue was down -13.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.12 EPS.

Clean Harbors Inc closed down -1.66 points or -3.36% at $47.75 with 8,38,438 shares getting traded on Wednesday. Post opening the session at $47.13, the shares hit an intraday low of $46.51 and an intraday high of $50.35 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 29, 2016, Michael J Twohig (EVP (CHESI) sold 2,000 shares at $48.50 per share price. According to the SEC, on Mar 29, 2016, David M Parry (Pres (Indus.and Field Serv) sold 7,075 shares at $47.96 per share price. On Mar 24, 2016, Brian P Weber (EVP (CHESI) sold 899 shares at $47.54 per share price, according to the Form-4 filing with the securities and exchange commission.

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-Kleen’s 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.

Clean Harbors Inc

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