BMO Capital analyst Jeffrey Silber maintains $Clean Harbors (CLH.US)$ with a buy rating, and adjusts the target price from $264 to $273.
According to TipRanks data, the analyst has a success rate of 62.8% and a total average return of 10.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Clean Harbors (CLH.US)$'s main analysts recently are as follows:
The recent quarterly earnings shortfall of Clean Harbors highlighted the potential downside risk associated with its more cyclical segments. Nevertheless, the prospects for the industrial and hazardous waste services sector continue to be positive. Expectations for price-driven organic growth and considerable margin growth in the Environmental Service division remain unchanged. Moreover, the likelihood of disruptions in the SKSS - Safety-Kleen Sustainability Solutions - division has diminished after a significant recalibration of expectations.
Clean Harbors experienced a minor shortfall and provided guidance for Q4 2024 below the consensus due to transient headwinds in SKSS and Industrial Services. Nonetheless, management is implementing suitable measures to enhance outcomes, and the outlook for 2025 appears more favorable for both segments.
Note:
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