Analysts Set Heritage-Crystal Clean, Inc. (HCCI) Target Price at $22.80

Shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) have earned an average rating of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $22.80.

HCCI has been the topic of a number of recent research reports. BidaskClub upgraded shares of Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Zacks Investment Research upgraded shares of Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Stifel Nicolaus reiterated a “buy” rating and set a $23.00 price objective on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th. Robert W. Baird increased their price objective on shares of Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. Finally, Roth Capital set a $24.00 price objective on shares of Heritage-Crystal Clean and gave the company a “buy” rating in a research note on Friday, October 20th.

Large investors have recently bought and sold shares of the stock. 361 Capital LLC purchased a new stake in Heritage-Crystal Clean during the third quarter valued at approximately $2,321,000. Janus Henderson Group PLC purchased a new stake in Heritage-Crystal Clean during the second quarter valued at approximately $1,193,000. Prudential Financial Inc. purchased a new stake in Heritage-Crystal Clean during the third quarter valued at approximately $350,000. American Century Companies Inc. purchased a new stake in Heritage-Crystal Clean during the third quarter valued at approximately $515,000. Finally, Van ECK Associates Corp purchased a new stake in Heritage-Crystal Clean during the third quarter valued at approximately $357,000. 57.34% of the stock is owned by institutional investors.

Heritage-Crystal Clean (HCCI) traded up $0.50 during midday trading on Monday, hitting $20.40. 67,200 shares of the stock were exchanged, compared to its average volume of 112,274. The company has a current ratio of 2.51, a quick ratio of 2.02 and a debt-to-equity ratio of 0.13. Heritage-Crystal Clean has a 1 year low of $12.85 and a 1 year high of $25.20. The company has a market capitalization of $455.31, a P/E ratio of 32.62, a PEG ratio of 1.46 and a beta of 1.90.

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Heritage-Crystal Clean Company Profile

Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.

Analyst Recommendations for Heritage-Crystal Clean (NASDAQ:HCCI)

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