Analysts have been eager to weigh in on the Services sector with new ratings on Wal-Mart Stores Inc (NYSE:WMT), Qurate Retail Group Inc (NASDAQ:QRTEA) and Belmond Ltd (NYSE:BEL).
Wal-Mart Stores Inc (WMT)
In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Wal-Mart Stores Inc, with a price target of $98. The company’s shares closed yesterday at $98.64.
According to TipRanks.com, Gutman is a 3-star analyst with an average return of 5.6% and a 61.3% success rate. Gutman covers the Services sector, focusing on stocks such as At Home Group, Wayfair Inc, and Lowe’s.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wal-Mart Stores Inc with a $97.67 average price target, implying a -1.0% downside from current levels. In a report issued on August 7, J.P. Morgan also maintained a Hold rating on the stock with a $87 price target.
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Qurate Retail Group Inc (QRTEA)
Citigroup analyst Jason Bazinet maintained a Sell rating on Qurate Retail Group Inc today and set a price target of $19. The company’s shares closed yesterday at $21.96.
According to TipRanks.com, Bazinet is a 4-star analyst with an average return of 6.9% and a 65.8% success rate. Bazinet covers the Services sector, focusing on stocks such as Live Nation Entertainment, Sirius XM Holdings Inc, and Eros International Plc.
Qurate Retail Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $26.33.
Belmond Ltd (BEL)
In a report released today, Felicia Hendrix from Barclays maintained a Sell rating on Belmond Ltd, with a price target of $15. The company’s shares closed yesterday at $15.95, close to its 52-week high of $16.20.
According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 5.7% and a 57.6% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Extended Stay America.
The word on The Street in general, suggests a Hold analyst consensus rating for Belmond Ltd with a $17.33 average price target.
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