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Analysts Offer Insights on Services Companies: Montrose Environmental Group (MEG) and Super Group (SGHC) (SGHC)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Montrose Environmental Group (MEGResearch Report) and Super Group (SGHC) (SGHCResearch Report) with bullish sentiments.

Montrose Environmental Group (MEG)

J.P. Morgan analyst Stephanie Yee maintained a Buy rating on Montrose Environmental Group on August 9 and set a price target of $46.00. The company’s shares closed last Wednesday at $44.36.

Yee has an average return of 25.0% when recommending Montrose Environmental Group.

According to TipRanks.com, Yee is ranked #2193 out of 8014 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Montrose Environmental Group with a $52.33 average price target, implying a 21.9% upside from current levels. In a report issued on August 9, Needham also reiterated a Buy rating on the stock with a $60.00 price target.

See today’s best-performing stocks on TipRanks >>

Super Group (SGHC) (SGHC)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Super Group (SGHC), with a price target of $8.00. The company’s shares closed last Wednesday at $5.66.

According to TipRanks.com, McTernan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.1% and a 36.5% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and DraftKings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Super Group (SGHC) with a $11.00 average price target.

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