Companies in the Services sector have received a lot of coverage today as analysts weigh in on JB Hunt (NASDAQ: JBHT) and FedEx (NYSE: FDX).
JB Hunt (NASDAQ: JBHT)
In a report released today, Fadi Chamoun from BMO Capital maintained a Hold rating on JB Hunt (NASDAQ: JBHT), with a price target of $130. The company’s shares closed yesterday at $127.30, close to its 52-week high of $131.74.
According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 20.7% and a 85.3% success rate. Chamoun covers the Services sector, focusing on stocks such as Kansas City Southern, Union Pacific Corp, and Norfolk Southern.
JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $129.44.
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FedEx (NYSE: FDX)
Credit Suisse analyst Allison Landry maintained a Buy rating on FedEx (NYSE: FDX) today and set a price target of $315. The company’s shares closed yesterday at $258.39.
According to TipRanks.com, Landry is a 5-star analyst with an average return of 13.6% and a 69.2% success rate. Landry covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Landstar System Inc.
Currently, the analyst consensus on FedEx is Strong Buy and the average price target is $299, representing a 15.7% upside.
In a report issued on June 7, Citigroup also reiterated a Buy rating on the stock.
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