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Analysts Offer Insights on Services Companies: ABM Industries (ABM) and Chipotle (CMG)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on ABM Industries (ABMResearch Report) and Chipotle (CMGResearch Report).

ABM Industries (ABM)

In a report issued on April 19, Andrew Wittmann from Robert W. Baird maintained a Hold rating on ABM Industries, with a price target of $50.00. The company’s shares closed last Wednesday at $52.78, close to its 52-week high of $54.46.

According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 16.7% and a 66.7% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as Concrete Pumping Holdings, Construction Partners, and Jacobs Engineering.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ABM Industries with a $57.50 average price target.

See the top stocks recommended by analysts >>

Chipotle (CMG)

In a report released yesterday, David Palmer from Evercore ISI maintained a Buy rating on Chipotle, with a price target of $2200.00. The company’s shares closed last Wednesday at $1612.58.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 8.1% and a 64.9% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, BellRing Brands, and Conagra Brands.

Chipotle has an analyst consensus of Strong Buy, with a price target consensus of $1947.70, implying a 18.5% upside from current levels. In a report issued on April 12, Citigroup also initiated coverage with a Buy rating on the stock with a $1900.00 price target.

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