There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Lowe’s (LOW) and Lions Gate Ent Corp Cl A (LGF.A) with bullish sentiments.
Lowe’s (LOW)
In a report issued on November 12, Scot Ciccarelli from RBC Capital reiterated a Buy rating on Lowe’s, with a price target of $110. The company’s shares closed yesterday at $95.59.
According to TipRanks.com, Ciccarelli is a top 100 analyst with an average return of 17.9% and a 71.8% success rate. Ciccarelli covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dick’s Sporting Goods, and Genuine Parts Company.
Lowe’s has an analyst consensus of Strong Buy, with a price target consensus of $121.75, which is a 27.4% upside from current levels. In a report issued on November 5, Wells Fargo also maintained a Buy rating on the stock with a $125 price target.
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Lions Gate Ent Corp Cl A (LGF.A)
In a report issued on November 12, Steven Cahall from RBC Capital reiterated a Buy rating on Lions Gate Ent Corp Cl A, with a price target of $26. The company’s shares closed yesterday at $20.25, close to its 52-week low of $18.04.
According to TipRanks.com, Cahall is a 4-star analyst with an average return of 4.9% and a 59.3% success rate. Cahall covers the Services sector, focusing on stocks such as Sirius XM Holdings Inc, Hemisphere Media, and 21st Century Fox.
Currently, the analyst consensus on Lions Gate Ent Corp Cl A is a Strong Buy with an average price target of $27, implying a 33.3% upside from current levels. In a report issued on November 9, Barrington also maintained a Buy rating on the stock with a $27 price target.
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