Truist analyst Tobey Sommer has recently revised the price target for Clean Harbors (CLH, Financial), adjusting it from $270 to $250. Despite this adjustment, the analyst continues to maintain a Buy rating on the company's shares.
Truist remains optimistic about the Waste Services sector as it heads into the first-quarter results period. The firm cites the industry's resilience in the face of persistent inflation and its robust business models that have minimal exposure to tariff fluctuations as reasons for expecting the sector to outperform relative to others.
Investors are advised to focus on these favorable conditions within Waste Services, particularly with Clean Harbors positioning itself as a potential strong performer in this environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Clean Harbors Inc (CLH, Financial) is $252.60 with a high estimate of $300.00 and a low estimate of $205.00. The average target implies an upside of 23.58% from the current price of $204.40. More detailed estimate data can be found on the Clean Harbors Inc (CLH) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Clean Harbors Inc's (CLH, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Clean Harbors Inc (CLH, Financial) in one year is $193.01, suggesting a downside of 5.57% from the current price of $204.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Clean Harbors Inc (CLH) Summary page.
