Analysts have been eager to weigh in on the Services sector with new ratings on Jack In The Box Inc (JACK) and R1 RCM Inc (RCM).
Jack In The Box Inc (JACK)
Wedbush analyst Nick Setyan maintained a Hold rating on Jack In The Box Inc today and set a price target of $85. The company’s shares opened today at $78.76.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.6% and a 56.7% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Cheesecake Factory.
Currently, the analyst consensus on Jack In The Box Inc is a Moderate Buy with an average price target of $89.80, implying a 14.0% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $88 price target.
See today’s analyst top recommended stocks >>
R1 RCM Inc (RCM)
Cantor Fitzgerald analyst Steven Halper reiterated a Buy rating on R1 RCM Inc today and set a price target of $11. The company’s shares opened today at $9.78.
“. We reiterate our Overweight rating on RCM shares and maintain our price target of $11. This morning, the company reported 4Q18 results, with revenue and adjusted EBITDA above our estimates. Results continue to benefit from increased profitability implemented in 2017 and earlier in 2018. RCM reaffirmed its previously provided guidance ranges for both 2019 and 2020. The company continues to expect that it will add another significant operating partner this year, which would drive higher revenue but lower adjusted EBITDA. Overall, we believe R1 continues to execute on its strategy of ramping new contracts and improving its internal processes with the help of technology.”
According to TipRanks.com, Halper is a top 100 analyst with an average return of 20.4% and a 66.0% success rate. Halper covers the Services sector, focusing on stocks such as WellCare Health Plans, Tivity Health Inc, and Evolent Health.
Currently, the analyst consensus on R1 RCM Inc is a Strong Buy with an average price target of $10.67.
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.