Analysts have been eager to weigh in on the Services sector with new ratings on ARAMARK Holdings (ARMK) and Foundation Building Materials Inc (FBM).
ARAMARK Holdings (ARMK)
In a report released yesterday, Manav Patnaik from Barclays maintained a Hold rating on ARAMARK Holdings, with a price target of $35. The company’s shares closed yesterday at $32.11, close to its 52-week low of $30.78.
According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 10.2% and a 66.4% success rate. Patnaik covers the Services sector, focusing on stocks such as Emerald Expositions Events Inc, Thomson Reuters Corp, and Factset Research.
ARAMARK Holdings has an analyst consensus of Strong Buy, with a price target consensus of $44.17.
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Foundation Building Materials Inc (FBM)
In a report released yesterday, Matthew Bouley from Barclays maintained a Buy rating on Foundation Building Materials Inc, with a price target of $11. The company’s shares closed yesterday at $8.03, close to its 52-week low of $7.98.
According to TipRanks.com, Bouley has 0 stars on 0-5 star ranking scale with an average return of -12.0% and a 40.0% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Advanced Drainage Systems, and Builders Firstsource.
Currently, the analyst consensus on Foundation Building Materials Inc is a Strong Buy with an average price target of $15.
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