Companies in the Services sector have received a lot of coverage today as analysts weigh in on American Eagle (NYSE: AEO), Jack In The Box (NASDAQ: JACK) and Ritchie Bros (NYSE: RBA).
American Eagle (NYSE: AEO)
Telsey Advisory analyst Dana Telsey reiterated a Buy rating on American Eagle (NYSE: AEO) today and set a price target of $16. The company’s shares closed yesterday at $11.05, close to its 52-week low of $10.91.
According to TipRanks.com, Telsey is a 4-star analyst with an average return of 7.6% and a 48.1% success rate. Telsey covers the Services sector, focusing on stocks such as Signet Jewelers Limited, Ascena Retail Group, and Burlington Stores.
Currently, the analyst consensus on American Eagle is Moderate Buy and the average price target is $15, representing a 35.7% upside.
In a report issued on May 10, Jefferies also reiterated a Buy rating on the stock with a $19 price target.
Jack In The Box (NASDAQ: JACK)
Telsey Advisory analyst Robert Derrington downgraded Jack In The Box (NASDAQ: JACK) to Hold today and set a price target of $118. The company’s shares closed yesterday at $107.67, close to its 52-week high of $113.30.
According to TipRanks.com, Derrington is a 4-star analyst with an average return of 7.5% and a 64.9% success rate. Derrington covers the Services sector, focusing on stocks such as Brinker International, Rave Restaurant Group, and Buffalo Wild Wings.
Currently, the analyst consensus on Jack In The Box is Moderate Buy and the average price target is $114.14, representing a 6.0% upside.
In a report released yesterday, KeyBanc also downgraded the stock to Hold.
Ritchie Bros (NYSE: RBA)
In a report released today, Scott Schneeberger from Oppenheimer reiterated a Hold rating on Ritchie Bros (NYSE: RBA). The company’s shares closed yesterday at $30.91.
According to TipRanks.com, Schneeberger is a top 100 analyst with an average return of 13.0% and a 66.9% success rate. Schneeberger covers the Services sector, focusing on stocks such as New Oriental Education Tech, Service Corp International, and Capella Education Company.
Currently, the analyst consensus on Ritchie Bros is Hold and the average price target is $34.50, representing an 11.6% upside.
In a report issued on May 4, Jefferies also reiterated a Hold rating on the stock with a $29 price target.
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