Analysts Offer Insights on Services Companies: K12 Inc (LRN), CBS Corp (CBS) and Cardtronics (CATM)


Analysts have been eager to weigh in on the Services sector with new ratings on K12 Inc (NYSE:LRN), CBS Corp (NYSE:CBS) and Cardtronics (NASDAQ:CATM).

K12 Inc (LRN)

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on K12 Inc. The company’s shares closed yesterday at $16.32.

Paris noted:

“We are reiterating our OUTPERFORM investment rating and our 12-month price target of $22, which conservatively assumes a 5x multiple on forward adjusted EBITDA., suggesting potential upside of 35% from current levels.”

According to TipRanks.com, Paris is a 5-star analyst with an average return of 15.2% and a 57.5% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Capella Education Company.

The the analyst consensus on K12 Inc is currently a Hold rating.

See today’s analyst top recommended stocks >>

CBS Corp (CBS)

In a report released today, James Goss from Barrington maintained a Buy rating on CBS Corp, with a price target of $73. The company’s shares closed yesterday at $52.72.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.4% and a 67.1% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.

CBS Corp has an analyst consensus of Moderate Buy, with a price target consensus of $65.15, representing a 23.6% upside. In a report released today, J.P. Morgan also reiterated a Buy rating on the stock with a $75 price target.

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Cardtronics (CATM)

Barrington analyst Gary Prestopino maintained a Hold rating on Cardtronics today. The company’s shares closed yesterday at $23.96.

Prestopino observed:

“We are raising our 2018 and 2019 adjusted EPS estimates to $1.77 and $1.95, respectively. We have a MARKET PERFORM investment rating on the stock.”

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 12.6% and a 63.4% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cardtronics with a $20 average price target.

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