There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Zumiez Inc (ZUMZ) and Children’s Place (PLCE) with bullish sentiments.
Zumiez Inc (ZUMZ)
In a report released yesterday, Jeff Van Sinderen from B.Riley FBR maintained a Buy rating on Zumiez Inc, with a price target of $28. The company’s shares closed yesterday at $18.32, close to its 52-week low of $17.75.
According to TipRanks.com, Sinderen is ranked 0 out of 5 stars with an average return of -4.4% and a 36.6% success rate. Sinderen covers the Services sector, focusing on stocks such as Tuesday Morning, Tilly’s Inc, and Kirkland’s.
Zumiez Inc has an analyst consensus of Moderate Buy, with a price target consensus of $28.40, a 55.0% upside from current levels. In a report issued on December 3, Pivotal Research also reiterated a Buy rating on the stock with a $28 price target.
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Children’s Place (PLCE)
Monness analyst Jim Chartier maintained a Buy rating on Children’s Place yesterday and set a price target of $150. The company’s shares closed yesterday at $102.28, close to its 52-week low of $99.54.
According to TipRanks.com, Chartier is ranked #2058 out of 5115 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Children’s Place with a $152.25 average price target, representing a 48.9% upside. In a report issued on December 3, Citigroup also maintained a Buy rating on the stock with a $167 price target.
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