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Analysts Offer Insights on Services Companies: Marcus (MCS) and Chipotle (CMG)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Marcus (MCSResearch Report) and Chipotle (CMGResearch Report) with bullish sentiments.

Marcus (MCS)

B.Riley Financial analyst Eric Wold reiterated a Buy rating on Marcus on August 4 and set a price target of $28.00. The company’s shares closed last Friday at $18.12.

According to TipRanks.com, Wold is a 4-star analyst with an average return of 4.3% and a 48.2% success rate. Wold covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, National Cinemedia, and Cinemark Holdings.

Currently, the analyst consensus on Marcus is a Strong Buy with an average price target of $25.67, implying a 42.8% upside from current levels. In a report issued on August 4, Barrington also reiterated a Buy rating on the stock with a $24.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Chipotle (CMG)

In a report issued on August 1, David Tarantino from Robert W. Baird maintained a Buy rating on Chipotle. The company’s shares closed last Friday at $1663.70.

According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 9.5% and a 62.9% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ’s Restaurants.

Currently, the analyst consensus on Chipotle is a Strong Buy with an average price target of $1769.76, implying an 8.5% upside from current levels. In a report issued on July 18, Goldman Sachs also maintained a Buy rating on the stock with a $1720.00 price target.

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