Clean Harbors

CLH · NYSE

$316.28−$0.33 (−0.10%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $316.61

CLH analyst rating

BuyConsensus of 15 analysts over the last 12 months. 73% rate it a buy.

Strong buy1
Buy10
Hold4
Underperform0
Sell0

12-month price target · 18 analysts

Average $362.03 (+14.5% upside)

Low: $316.17
Now: $316.28
High: $409.50

Upgrades and downgrades

The latest rating actions, newest first

CLH analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 15, 2026	Maintains	Buy	$376.00 → $378.00	76%
TD Cowen	Oct 14, 2026	Maintains	Buy	$380.00 → $390.00	67%
Barclays	Oct 8, 2026	Maintains	Equal-Weight	$325.00 → $335.00	29%
William Blair	Sep 10, 2026	Initiates	Outperform	—	67%
Wells Fargo	Jul 31, 2026	Maintains	Equal-Weight	$313.00 → $349.00	54%
Citigroup	Jul 30, 2026	Maintains	Buy	$349.00 → $376.00	76%
Stifel	Jul 30, 2026	Maintains	Buy	$337.00 → $364.00	56%
TD Cowen	Jul 30, 2026	Maintains	Buy	$335.00 → $380.00	67%
Truist Securities	Jul 30, 2026	Maintains	Buy	$350.00 → $365.00	61%
Barclays	Jul 30, 2026	Maintains	Equal-Weight	$305.00 → $325.00	29%

The case for and against

Updated Aug 11, 2026

Bull case

Clean Harbors is well-positioned financially, with a strong balance sheet and the financial flexibility to pursue mergers and acquisitions in the environmental services sector. The company's environmental services segment saw strong revenue and EBITDA growth, aided by emergency response work and projects related to PFAS. The safety-Kleen sustainability solutions segment is expected to see stable EBITDA following a difficult few years, but profitability is anticipated to be improved due to higher base oil prices. The company's guidance for 2026 shows increased optimism, with plans for continued growth and potential for further upside. Overall, the company's strong execution and business model resiliency make it an attractive investment opportunity with potential for growth.

Bear case

Clean Harbors is facing potential risks from a slowing economy and sales weakness in its Safety-Kleen re-refined oil business. However, strong demand in the U.S. economy and expansion into the Group III market could provide some upside for the company in the near future. Its current valuation, with a PT of $300, is based on a SOTP methodology and reflects a higher multiple for its Environmental Solutions segment.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.