There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on AMC Entertainment (NYSE: AMC) and The Hackett Group (NASDAQ: HCKT) with bullish sentiments.
AMC Entertainment (NYSE: AMC)
Barrington analyst James Goss maintained a Buy rating on AMC Entertainment (NYSE: AMC) today and set a price target of $20. The company’s shares closed yesterday at $16.60.
Goss noted:
“We will review our projections with this new information. Company Description AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The company was founded on June 6, 2007 and is headquartered in Leawood, KS.”
According to TipRanks.com, Goss is a 5-star analyst with an average return of 14.9% and a 70.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.
Currently, the analyst consensus on AMC Entertainment is Strong Buy and the average price target is $23.40, representing a 41.0% upside.
In a report released today, Benchmark Co. also upgraded the stock to Buy with a $20 price target.
See today’s analyst top recommended stocks >>
The Hackett Group (NASDAQ: HCKT)
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on The Hackett Group (NASDAQ: HCKT), with a price target of $22. The company’s shares closed yesterday at $16.43.
Colicchio observed:
“We expect revenue/non‐GAAP EPS growth of 5%/11% in 2018, respectively, better than growth of 1%/6% in 2017 on an improvement in the Oracle business and a greater IP contribution.”
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 7.7% and a 64.4% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Convergys Corp.
The Hackett Group has an analyst consensus of Moderate Buy, with a price target consensus of $22.
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