Analysts Offer Insights on Services Companies: Genesco Inc (NYSE: GCO) and Dollar General (NYSE: DG)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Genesco Inc (NYSE: GCO) and Dollar General (NYSE: DG) with bullish sentiments.

Genesco Inc (NYSE: GCO)

In a report released yesterday, Erinn Murphy from Piper Jaffray reiterated a Buy rating on Genesco Inc (NYSE: GCO), with a price target of $44. The company’s shares opened today at $38.90.

According to TipRanks.com, Murphy is ranked 0 out of 5 stars with an average return of -4.1% and a 47.9% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Wolverine World Wide, and G-III Apparel Group.

Currently, the analyst consensus on Genesco Inc is Moderate Buy and the average price target is $41.33, representing a 6.2% upside.

In a report released yesterday, Jefferies also reiterated a Buy rating on the stock with a $48 price target.
Dollar General (NYSE: DG)

Piper Jaffray analyst Peter Keith reiterated a Buy rating on Dollar General (NYSE: DG) yesterday and set a price target of $117. The company’s shares opened today at $93.59.

According to TipRanks.com, Keith is a 4-star analyst with an average return of 6.9% and a 52.8% success rate. Keith covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Ollie’s Bargain Outlet Holding, and Floor & Decor Holdings Inc.

Currently, the analyst consensus on Dollar General is Strong Buy and the average price target is $110.43, representing a 18.0% upside.

In a report issued on March 13, RBC Capital also maintained a Buy rating on the stock with a $101 price target.

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