Analysts have been eager to weigh in on the Services sector with new ratings on Interpace Diagnostics Group Inc (NASDAQ: IDXG), Rent-A-Center Inc (NASDAQ: RCII) and Restoration Hardware Holdings Inc (NYSE: RH).
Interpace Diagnostics Group Inc (NASDAQ: IDXG)
H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Interpace Diagnostics Group Inc (NASDAQ: IDXG) on June 12 and set a price target of $3. The company’s shares closed yesterday at $0.88, close to its 52-week low of $0.72.
According to TipRanks.com, Selvaraju is a 3-star analyst with an average return of 1.8% and a 40.6% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as IntelliPharmaCeutics International, Biospecifics Technologies Corp, and EyePoint Pharmaceuticals Inc.
Currently, the analyst consensus on Interpace Diagnostics Group Inc is Moderate Buy and the average price target is $3, representing a 240.1% upside.
In a report issued on June 1, Maxim Group also assigned a Buy rating to the stock with a $3 price target.
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Rent-A-Center Inc (NASDAQ: RCII)
Stifel Nicolaus analyst John Baugh maintained a Hold rating on Rent-A-Center Inc (NASDAQ: RCII) on June 12 and set a price target of $12. The company’s shares closed yesterday at $12.38.
According to TipRanks.com, Baugh is a 5-star analyst with an average return of 14.8% and a 61.7% success rate. Baugh covers the Consumer Goods sector, focusing on stocks such as Bassett Furniture Industries, Leggett & Platt Inc, and Tempur Sealy.
Currently, the analyst consensus on Rent-A-Center Inc is Hold and the average price target is $9.50, representing a -23.3% downside.
In a report issued on June 11, Loop Capital Markets also maintained a Hold rating on the stock with a $11 price target.
Restoration Hardware Holdings Inc (NYSE: RH)
Oppenheimer analyst Brian Nagel assigned a Hold rating to Restoration Hardware Holdings Inc (NYSE: RH) on June 12. The company’s shares closed yesterday at $154.92, close to its 52-week high of $164.49.
Nagel noted:
“Shares of RH are trading meaningfully higher pre-market, upon a much better than expected Q1 (Apr.) report from the chain last night. For some time, we have maintained a rather mixed view of RH. As we have indicated, while we look quite optimistically toward the underlying potential for the company’s unique omni-channel concept, we have been less than enthused by ongoing operational shortcomings at the company. The past few quarters have proven much better for RH, as, we believe, the model is starting to gain traction, and with the help of an overall more conducive spending backdrop. We continue to monitor RH closely and will be back with additional thoughts on prospects for the company and its stock.”
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 7.6% and a 64.5% success rate. Nagel covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Lumber Liquidators.
Restoration Hardware Holdings Inc has an analyst consensus of Hold, with a price target consensus of $98.25.
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