There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Bloomin’ Brands (NASDAQ:BLMN) and Robert Half (NYSE:RHI) with bullish sentiments.
Bloomin’ Brands (BLMN)
In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on Bloomin’ Brands, with a price target of $29. The company’s shares closed yesterday at $20.78.
According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 9.0% and a 69.5% success rate. Bernstein covers the Services sector, focusing on stocks such as Brinker International, Jack In The Box Inc, and BJ’s Restaurants.
Currently, the analyst consensus on Bloomin’ Brands is a Strong Buy with an average price target of $27.33, which is a 31.5% upside from current levels. In a report released yesterday, Raymond James also upgraded the stock to Buy with a $25 price target.
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Robert Half (RHI)
In a report released today, Manav Patnaik from Barclays maintained a Buy rating on Robert Half, with a price target of $72. The company’s shares closed yesterday at $67.68, close to its 52-week high of $70.35.
According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 13.5% and a 72.0% success rate. Patnaik covers the Services sector, focusing on stocks such as Thomson Reuters Corp, Nielsen Holdings, and TransUnion.
Robert Half has an analyst consensus of Moderate Buy, with a price target consensus of $68.
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