Companies in the Services sector have received a lot of coverage today as analysts weigh in on Echo Global Logistics (NASDAQ:ECHO) and Hibbett Sports (NASDAQ:HIBB).
Echo Global Logistics (ECHO)
In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Echo Global Logistics, with a price target of $40. The company’s shares closed yesterday at $24.25, close to its 52-week low of $22.50.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.3% and a 69.4% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Knight Transportation.
Currently, the analyst consensus on Echo Global Logistics is a Moderate Buy with an average price target of $34.20, implying a 41.0% upside from current levels. In a report released yesterday, Barrington also maintained a Buy rating on the stock with a $37 price target.
.
See today’s analyst top recommended stocks >>
Hibbett Sports (HIBB)
Hibbett Sports received a Hold rating and a $15 price target from Susquehanna analyst Sam Poser today. The company’s shares closed yesterday at $16.85.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.3% and a 53.3% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
The word on The Street in general, suggests a Hold analyst consensus rating for Hibbett Sports with a $23 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
