Analysts have been eager to weigh in on the Services sector with new ratings on Centene Corp (CNC) and Ralph Lauren Corp (RL).
Centene Corp (CNC)
In a report issued on February 5, Sarah James from Piper Jaffray reiterated a Buy rating on Centene Corp, with a price target of $159. The company’s shares closed yesterday at $126.16.
According to TipRanks.com, James is a 5-star analyst with an average return of 20.1% and a 76.6% success rate. James covers the Services sector, focusing on stocks such as WellCare Health Plans, Henry Schein, and UnitedHealth.
Currently, the analyst consensus on Centene Corp is a Strong Buy with an average price target of $140.67, implying an 11.5% upside from current levels. In a report issued on January 25, Jefferies also reiterated a Buy rating on the stock with a $73 price target.
See today’s analyst top recommended stocks >>
Ralph Lauren Corp (RL)
Piper Jaffray analyst Erinn Murphy reiterated a Hold rating on Ralph Lauren Corp on February 5 and set a price target of $122. The company’s shares closed yesterday at $126.08.
According to TipRanks.com, Murphy is a 1-star analyst with an average return of -0.8% and a 49.6% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Wolverine World Wide, and G-III Apparel Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ralph Lauren Corp with a $134.67 average price target, a 6.8% upside from current levels. In a report issued on January 28, UBS also maintained a Hold rating on the stock with a $116 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
