Barrington Keeps Their Buy Rating on Carriage Services (CSV)

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Carriage Services (CSVResearch Report), with a price target of $35.00. The company’s shares closed last Monday at $25.05, close to its 52-week high of $26.84.

According to TipRanks.com, Paris has currently no stars on a ranking scale of 0-5 stars, with an average return of -2.9% and a 40.3% success rate. Paris covers the Services sector, focusing on stocks such as American Public Education, Adtalem Global Education, and Franklin Covey Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carriage Services with a $35.00 average price target, implying a 42.0% upside from current levels. In a report released today, Sidoti also reiterated a Buy rating on the stock with a $35.00 price target.

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Based on Carriage Services’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $574K. In comparison, last year the company had a net profit of $2.19 million.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is neutral on the stock.

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Carriage Services, Inc. provides funeral and cemetery services and products in the United States of America. It operates through the following segments: Funeral Home Operations and Cemetery Operations.