Market Overview

Wunderlich Securities Reiterates Buy Rating, $80 PT on Clean Harbors

Share:
Related CLH
Barclays Initiates Clean Harbors At Overweight, US Ecology At Equal Weight
Benzinga's Top Initiations

In a report published Wednesday, Wunderlich Securities reiterated its Buy rating and $80.00 price target on Clean Harbors (NYSE: CLH).

Wunderlich Securities noted, “Kleen completes the hazwaste customer profile. CLH has a market-leading position in servicing mid- and large quantity hazwaste generators. Safety-Kleen adds a significant market position in the small quantity generator market with its 150-plus branch network and more than 200,000 parts washers in service. SK is North America's largest re-refiner of used oil with ~60% share. In 2011, the Environmental Services segment collected approximately 200 million gallons of used oil. In FY11, the Oil Re-refining segment processed approximately 160 million gallons of used oil to produce high quality base and blended lubricating oils.”

Clean Harbors closed on Tuesday at $56.99.

Latest Ratings for CLH

DateFirmActionFromTo
May 2016BarclaysInitiates Coverage onOverweight
Mar 2016Sterne Agee CRTInitiates Coverage onNeutral
Mar 2016Imperial CapitalMaintainsOutperform

View More Analyst Ratings for CLH
View the Latest Analyst Ratings

Posted-In: Wunderlich SecuritiesAnalyst Color Reiteration Analyst Ratings

 

Related Articles (CLH)

View Comments and Join the Discussion!