Companies in the Services sector have received a lot of coverage today as analysts weigh in on Arcos Dorados Holdings (ARCO – Research Report), Paramount Global Class B (PARA – Research Report) and Tabcorp Holdings Limited (TABCF – Research 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
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.
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
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
The word on The Street in general, suggests a Hold analyst consensus rating for Tabcorp Holdings Limited with a $0.76 average price target.
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