There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on American Eagle (NYSE: AEO) and Bojangles (NASDAQ: BOJA) with bullish sentiments.
American Eagle (NYSE: AEO)
In a report released yesterday, Randal Konik from Jefferies reiterated a Buy rating on American Eagle (NYSE: AEO), with a price target of $18. The company’s shares closed yesterday at $11.05, close to its 52-week low of $10.91.
According to TipRanks.com, Konik is a 1-star analyst with an average return of -0.7% and a 44.2% success rate. Konik covers the Services sector, focusing on stocks such as Eros International, Abercrombie Fitch, and Acushnet Holdings.
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 11, RBC Capital also reiterated a Buy rating on the stock with a $17 price target.
Bojangles (NASDAQ: BOJA)
In a report released yesterday, Andy Barish from Jefferies reiterated a Buy rating on Bojangles (NASDAQ: BOJA), with a price target of $23. The company’s shares closed yesterday at $17.25.
According to TipRanks.com, Barish is a 5-star analyst with an average return of 8.6% and a 57.8% success rate. Barish covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Papa John’s International, and Popeyes Louisiana Kitchen.
Bojangles has an analyst consensus of Moderate Buy, with a price target consensus of $21.25.
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