There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Shake Shack (NYSE:SHAK), PRA Health Sciences (NASDAQ:PRAH) and Perficient (NASDAQ:PRFT) with bullish sentiments.
Shake Shack (SHAK)
SunTrust Robinson analyst Jake Bartlett reiterated a Buy rating on Shake Shack yesterday and set a price target of $66. The company’s shares opened today at $61.
According to TipRanks.com, Bartlett is a 4-star analyst with an average return of 11.7% and a 62.1% success rate. Bartlett covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Carrols Restaurant Group, and Jack In The Box Inc.
Shake Shack has an analyst consensus of Hold, with a price target consensus of $53.75.
See today’s analyst top recommended stocks >>
PRA Health Sciences (PRAH)
SunTrust Robinson analyst Sandy Draper reiterated a Buy rating on PRA Health Sciences today and set a price target of $110. The company’s shares opened today at $105.26, close to its 52-week high of $108.02.
According to TipRanks.com, Draper is a 5-star analyst with an average return of 20.8% and a 78.5% success rate. Draper covers the Services sector, focusing on stocks such as IQVIA Holdings Inc, Syneos Health Inc, and Cotiviti Holdings.
PRA Health Sciences has an analyst consensus of Strong Buy, with a price target consensus of $114.60, which is an 8.9% upside from current levels. In a report issued on July 20, Jefferies also reiterated a Buy rating on the stock with a $115 price target.
.
Perficient (PRFT)
SunTrust Robinson analyst Frank Atkins reiterated a Buy rating on Perficient yesterday and set a price target of $30. The company’s shares opened today at $26.80, close to its 52-week high of $27.90.
According to TipRanks.com, Atkins is a 4-star analyst with an average return of 12.5% and a 69.5% success rate. Atkins covers the Technology sector, focusing on stocks such as DXC Technology Company, Sykes Enterprises Inc, and Exlservice Holdings.
Currently, the analyst consensus on Perficient is a Moderate Buy with an average price target of $30.
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.
