Blurbs

Analysts’ Opinions Are Mixed on These Services Stocks: Cheesecake Factory (CAKE), Resources Connection (RGP) and Star Entertainment Group Limited (OtherEHGRF)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Cheesecake Factory (CAKEResearch Report), Resources Connection (RGPResearch Report) and Star Entertainment Group Limited (EHGRFResearch Report).

Cheesecake Factory (CAKE)

In a report issued on July 29, John Ivankoe from J.P. Morgan maintained a Hold rating on Cheesecake Factory, with a price target of $36.00. The company’s shares closed last Friday at $29.23, close to its 52-week low of $26.05.

According to TipRanks.com, Ivankoe is a 5-star analyst with an average return of 10.0% and a 66.8% success rate. Ivankoe covers the Services sector, focusing on stocks such as F45 Training Holdings, Brinker International, and Texas Roadhouse.

Currently, the analyst consensus on Cheesecake Factory is a Hold with an average price target of $34.00, implying a 15.6% upside from current levels. In a report issued on July 26, UBS also maintained a Hold rating on the stock with a $30.00 price target.

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Resources Connection (RGP)

In a report issued on July 29, Andrew Steinerman from J.P. Morgan maintained a Sell rating on Resources Connection, with a price target of $20.00. The company’s shares closed last Friday at $21.46.

According to TipRanks.com, Steinerman is a 4-star analyst with an average return of 10.2% and a 64.5% success rate. Steinerman covers the Services sector, focusing on stocks such as ARAMARK Holdings, Bright Horizons, and First Advantage.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Resources Connection with a $22.50 average price target.

Star Entertainment Group Limited (EHGRF)

According to TipRanks.com, Carducci is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.6% and a 30.0% success rate. Carducci covers the Services sector, focusing on stocks such as Tabcorp Holdings Limited, PointsBet Holdings Ltd., and Crown Resorts Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Star Entertainment Group Limited with a $2.58 average price target, which is a 20.3% upside from current levels. In a report released today, Macquarie also maintained a Buy rating on the stock with a price target.

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