tiprankstipranks
TipRanksStock Market NewsCAE NewsWall Street Analysts Are Bullish on Top Services Picks
Blurbs

Wall Street Analysts Are Bullish on Top Services Picks

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CAE (CAEResearch Report) and Boyd Group Services (BYDGFResearch Report) with bullish sentiments.

CAE (CAE)

In a report released today, Cameron Doerksen from National Bank maintained a Buy rating on CAE, with a price target of C$38.00. The company’s shares closed last Thursday at $20.88.

According to TipRanks.com, Doerksen is a 4-star analyst with an average return of 10.7% and a 54.1% success rate. Doerksen covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Canadian Pacific.

Currently, the analyst consensus on CAE is a Strong Buy with an average price target of $28.81, a 32.1% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a C$37.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Boyd Group Services (BYDGF)

In a report released today, Bret Jordan from Jefferies maintained a Buy rating on Boyd Group Services, with a price target of C$221.00. The company’s shares closed last Thursday at $148.26.

According to TipRanks.com, Jordan is a 5-star analyst with an average return of 14.7% and a 66.1% success rate. Jordan covers the Consumer Goods sector, focusing on stocks such as Advance Auto Parts, Lithia Motors, and AutoZone.

Currently, the analyst consensus on Boyd Group Services is a Moderate Buy with an average price target of $161.29, which is an 8.2% upside from current levels. In a report released today, Stifel Nicolaus also upgraded the stock to Buy with a C$210.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on CAE:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More