Companies in the Services sector have received a lot of coverage today as analysts weigh in on Ralph Lauren Corp (NYSE: RL), Tiffany & Co (NYSE: TIF) and L Brands (NYSE: LB).
Ralph Lauren Corp (NYSE: RL)
In a report released today, Chethan Mallela from Barclays maintained a Sell rating on Ralph Lauren Corp (NYSE: RL), with a price target of $110. The company’s shares closed yesterday at $133.33, close to its 52-week high of $136.43.
According to TipRanks.com, Mallela is ranked #4153 out of 4809 analysts.
Ralph Lauren Corp has an analyst consensus of Moderate Buy, with a price target consensus of $124.83.
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Tiffany & Co (NYSE: TIF)
In a report released today, Edward Yruma from KeyBanc maintained a Buy rating on Tiffany & Co (NYSE: TIF), with a price target of $140. The company’s shares closed yesterday at $126.05, close to its 52-week high of $126.64.
According to TipRanks.com, Yruma is a 4-star analyst with an average return of 8.1% and a 59.3% success rate. Yruma covers the Services sector, focusing on stocks such as Qurate Retail Group Inc, Urban Outfitters, and Nordstrom Inc.
Currently, the analyst consensus on Tiffany & Co is Strong Buy and the average price target is $137, representing an 8.7% upside.
In a report issued on May 18, Oppenheimer also reiterated a Buy rating on the stock with a $115 price target.
L Brands (NYSE: LB)
Nomura analyst Simeon Siegel maintained a Hold rating on L Brands (NYSE: LB) today and set a price target of $29. The company’s shares closed yesterday at $34.05, close to its 52-week low of $30.70.
According to TipRanks.com, Siegel is a 3-star analyst with an average return of 3.2% and a 57.1% success rate. Siegel covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Signet Jewelers Limited, and TJX Companies.
Currently, the analyst consensus on L Brands is Hold and the average price target is $40.81, representing a 19.9% upside.
In a report issued on May 10, Guggenheim also maintained a Hold rating on the stock.
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