Companies in the Service sector have received a lot of coverage today as analysts weigh in on Global Payments Inc. (NYSE: GPN) and Zumiez Inc. (NASDAQ: ZUMZ).
Global Payments Inc. (NYSE: GPN)
In a report released today, David Koning from Robert W. Baird maintained a Buy rating on Global Payments Inc. (NYSE: GPN), with a price target of $88. The company’s shares closed yesterday at $79.04, close to its 52-week high of $79.93.
According to TipRanks.com, Koning is a 4-star analyst with an average return of 3.5% and a 58.6% success rate. Koning covers the Services sector, focusing on stocks such as Heartland Payment Systems, Exlservice Holdings, and Convergys Corp.
Currently, the analyst consensus on Global Payments Inc. is Moderate Buy and the average price target is $84.30, representing a 6.7% upside.
In a report issued on September 26, Oppenheimer also reiterated a Buy rating on the stock with a $85 price target.
Zumiez Inc. (NASDAQ: ZUMZ)
According to TipRanks.com, Komp is a 4-star analyst with an average return of 8.2% and a 54.7% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Deckers Outdoor.
Zumiez Inc. has an analyst consensus of Hold, with a price target consensus of $22.