Analysts Offer Insights on Services Companies: Alibaba (BABA), Dave & Busters Entertainment (PLAY) and Golar LNG Limited (GLNG)


There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Alibaba (NYSE:BABA), Dave & Busters Entertainment (NASDAQ:PLAY) and Golar LNG Limited (NASDAQ:GLNG) with bullish sentiments.

Alibaba (BABA)

UBS analyst Jerry Liu maintained a Buy rating on Alibaba today and set a price target of $245. The company’s shares closed yesterday at $172.23.

According to TipRanks.com, Liu is ranked #4110 out of 4863 analysts.

Alibaba has an analyst consensus of Strong Buy, with a price target consensus of $244.33, which is a 41.9% upside from current levels. In a report issued on August 16, Raymond James also maintained a Buy rating on the stock with a $280 price target.

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Dave & Busters Entertainment (PLAY)

In a report released today, Brian Vaccaro from Raymond James maintained a Buy rating on Dave & Busters Entertainment, with a price target of $65. The company’s shares closed yesterday at $55.13.

According to TipRanks.com, Vaccaro is ranked 0 out of 5 stars with an average return of -5.0% and a 47.5% success rate. Vaccaro covers the Services sector, focusing on stocks such as Carrols Restaurant Group, Dine Brands Global Inc, and Ruth’s Hospitality.

Dave & Busters Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $63.86, a 15.8% upside from current levels. In a report issued on August 13, SunTrust Robinson also reiterated a Buy rating on the stock with a $63 price target.

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Golar LNG Limited (GLNG)

In a report released today, Fotis Giannakoulis from Morgan Stanley maintained a Buy rating on Golar LNG Limited, with a price target of $32. The company’s shares closed yesterday at $25.42.

According to TipRanks.com, Giannakoulis is ranked 0 out of 5 stars with an average return of -15.6% and a 25.5% success rate. Giannakoulis covers the Services sector, focusing on stocks such as Teekay Offshore Partners LP, Eagle Bulk Shipping, and DHT Holdings.

Currently, the analyst consensus on Golar LNG Limited is a Strong Buy with an average price target of $36.75, representing a 44.6% upside. In a report issued on August 22, Jefferies also maintained a Buy rating on the stock with a $40 price target.

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