Blurbs

Analysts Have Conflicting Sentiments on These Services Companies: Arcos Dorados Holdings (ARCO), Paramount Global Class B (PARA) and Tabcorp Holdings Limited (OtherTABCF)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Arcos Dorados Holdings (ARCOResearch Report), Paramount Global Class B (PARAResearch Report) and Tabcorp Holdings Limited (TABCFResearch Report).

Arcos Dorados Holdings (ARCO)

In a report issued on August 12, Ulises Argote from J.P. Morgan maintained a Buy rating on Arcos Dorados Holdings, with a price target of $10.00. The company’s shares closed last Monday at $7.47.

Argote has an average return of 7.1% when recommending Arcos Dorados Holdings.

According to TipRanks.com, Argote is ranked #4449 out of 8050 analysts.

Currently, the analyst consensus on Arcos Dorados Holdings is a Moderate Buy with an average price target of $10.75, which is a 43.7% upside from current levels. In a report issued on August 10, Credit Suisse also maintained a Buy rating on the stock with a $9.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Paramount Global Class B (PARA)

In a report released yesterday, Philip Cusick from J.P. Morgan downgraded Paramount Global Class B to Sell, with a price target of $25.00. The company’s shares closed last Monday at $26.56.

According to TipRanks.com, Cusick is a 4-star analyst with an average return of 5.5% and a 58.2% success rate. Cusick covers the Technology sector, focusing on stocks such as Telephone & Data Systems, Lumen Technologies, and Cogent Comms.

Paramount Global Class B has an analyst consensus of Hold, with a price target consensus of $26.78, implying a 3.1% upside from current levels. In a report issued on August 5, UBS also maintained a Sell rating on the stock with a $21.00 price target.

Tabcorp Holdings Limited (TABCF)

J.P. Morgan analyst Donald Carducci downgraded Tabcorp Holdings Limited to Sell yesterday and set a price target of A$0.90. The company’s shares closed last Monday at $0.69, close to its 52-week low of $0.65.

According to TipRanks.com, Carducci has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -21.9% and a 46.2% success rate. Carducci covers the Services sector, focusing on stocks such as Star Entertainment Group Limited, PointsBet Holdings Ltd., and REA Group Ltd.

The word on The Street in general, suggests a Hold analyst consensus rating for Tabcorp Holdings Limited with a $0.76 average price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ARCO:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos