Companies in the Services sector have received a lot of coverage today as analysts weigh in on Dick’s Sporting Goods (NYSE: DKS), Tencent (Other OTC: TCEHY) and Wal-Mart Stores Inc (NYSE: WMT).
Dick’s Sporting Goods (NYSE: DKS)
Barclays analyst Matthew McClintock maintained a Hold rating on Dick’s Sporting Goods (NYSE: DKS) on May 17 and set a price target of $46. The company’s shares closed yesterday at $40.80, close to its 52-week low of $39.54.
According to TipRanks.com, McClintock is a 3-star analyst with an average return of 3.2% and a 51.1% success rate. McClintock covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Container Store Group, and United Natural Foods.
Currently, the analyst consensus on Dick’s Sporting Goods is Moderate Buy and the average price target is $56, representing a 37.3% upside.
In a report issued on May 12, Oppenheimer also reiterated a Hold rating on the stock.
Tencent (Other OTC: TCEHY)
In a report issued on May 17, Gregory Zhao from Barclays maintained a Buy rating on Tencent (Other OTC: TCEHY), with a price target of $39. The company’s shares closed yesterday at $34.83, close to its 52-week high of $34.84.
According to TipRanks.com, Zhao is a 2-star analyst with an average return of 1.2% and a 57.1% success rate. Zhao covers the Technology sector, focusing on stocks such as Alibaba Group, Changyoucom, and NetEase Inc.
Tencent has an analyst consensus of Moderate Buy, with a price target consensus of $39.
Wal-Mart Stores Inc (NYSE: WMT)
In a report issued on May 18, Karen Short from Barclays maintained a Buy rating on Wal-Mart Stores Inc (NYSE: WMT), with a price target of $90. The company’s shares closed yesterday at $78.77, close to its 52-week high of $79.44.
According to TipRanks.com, Short is a 4-star analyst with an average return of 5.0% and a 59.3% success rate. Short covers the Services sector, focusing on stocks such as Performance Food Group, The Chefs’ Warehouse, and United Natural Foods.
Currently, the analyst consensus on Wal-Mart Stores Inc is Moderate Buy and the average price target is $81.38, representing a 3.3% upside.
In a report issued on May 12, Jefferies also reiterated a Buy rating on the stock with a $88 price target.
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