Analysts Offer Insights on Services Companies: Moody’s Corp (MCO) and Texas Roadhouse (TXRH)


Companies in the Services sector have received a lot of coverage today as analysts weigh in on Moody’s Corp (NYSE:MCO) and Texas Roadhouse (NASDAQ:TXRH).

Moody’s Corp (MCO)

In a report released today, William Warmington from Wells Fargo maintained a Hold rating on Moody’s Corp, with a price target of $170. The company’s shares opened today at $141.98, close to its 52-week low of $139.36.

According to TipRanks.com, Warmington is a 4-star analyst with an average return of 12.3% and a 63.6% success rate. Warmington covers the Services sector, focusing on stocks such as Factset Research, Houghton Mifflin, and Acxiom Corp.

Currently, the analyst consensus on Moody’s Corp is a Moderate Buy with an average price target of $167, implying a 17.6% upside from current levels. In a report issued on October 26, Cantor Fitzgerald also maintained a Hold rating on the stock with a $171 price target.

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See today’s analyst top recommended stocks >>

Texas Roadhouse (TXRH)

BMO Capital analyst Andrew Strelzik maintained a Sell rating on Texas Roadhouse today and set a price target of $53. The company’s shares opened today at $61.

According to TipRanks.com, Strelzik is a 4-star analyst with an average return of 4.9% and a 66.7% success rate. Strelzik covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Chuy’s Holdings, and Bloomin’ Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Texas Roadhouse with a $65.91 average price target, which is an 8.0% upside from current levels. In a report issued on October 18, Gordon Haskett Capital Corporation also initiated coverage with a Sell rating on the stock with a $60 price target.

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