Companies in the Services sector have received a lot of coverage today as analysts weigh in on Medifast Inc (MED), Red Robin Gourmet (RRGB) and Foundation Building Materials Inc (FBM).
Medifast Inc (MED)
Sidoti analyst Frank Camma maintained a Buy rating on Medifast Inc today and set a price target of $216. The company’s shares closed yesterday at $131.72.
According to TipRanks.com, Camma is ranked #734 out of 5215 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medifast Inc with a $249 average price target, an 89.0% upside from current levels. In a report issued on February 25, D.A. Davidson also reiterated a Buy rating on the stock with a $249 price target.
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Red Robin Gourmet (RRGB)
In a report released today, John Glass from Morgan Stanley maintained a Hold rating on Red Robin Gourmet, with a price target of $33. The company’s shares closed yesterday at $29.65, close to its 52-week low of $25.46.
According to TipRanks.com, Glass is a 4-star analyst with an average return of 11.3% and a 61.5% success rate. Glass covers the Services sector, focusing on stocks such as BJ’s Restaurants, McDonald’s Corp, and Bloomin’ Brands.
Currently, the analyst consensus on Red Robin Gourmet is a Hold with an average price target of $34, which is a 14.7% upside from current levels. In a report released today, Maxim Group also downgraded the stock to Hold.
Foundation Building Materials Inc (FBM)
In a report released today, Matthew Bouley from Barclays maintained a Buy rating on Foundation Building Materials Inc, with a price target of $12. The company’s shares closed yesterday at $10.52.
According to TipRanks.com, Bouley is a 2-star analyst with an average return of 1.3% and a 48.9% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Advanced Drainage Systems, and Builders Firstsource.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Foundation Building Materials Inc with a $10 average price target.
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