Analysts’ Top Services Picks: CHRW, TDOC


Analysts fell to the sidelines weighing in on CH Robinson (NASDAQ: CHRW) and Teladoc (NYSE: TDOC) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

CH Robinson (NASDAQ: CHRW)

In a report released yesterday, Scott Schneeberger from Oppenheimer maintained a Hold rating on CH Robinson (NASDAQ: CHRW). The company’s shares closed yesterday at $90.65.

According to TipRanks.com, Schneeberger is a top 100 analyst with an average return of 14.5% and a 69.3% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, Landstar System Inc, and General Finance.

Currently, the analyst consensus on CH Robinson is Moderate Buy and the average price target is $103, representing a 13.6% upside.

In a report issued on April 16, Susquehanna also reiterated a Hold rating on the stock with a $99 price target.

See today’s analyst top recommended stocks >>

Teladoc (NYSE: TDOC)

In a report released yesterday, Steven Halper from Cantor Fitzgerald maintained a Hold rating on Teladoc (NYSE: TDOC), with a price target of $35. The company’s shares closed yesterday at $42.70, close to its 52-week high of $44.65.

Halper wrote:

“Overall, TDOC had a strong quarter. Revenue was $89.6 million vs. our estimate and consensus of $87M. U.S. paid visits grew 44%. Adjusted EBITDA loss was $1.4M vs FactSet of $3.1M. Adjusted EBITDA turned negative due to higher onboarding costs, which typically affect 1Q (for contracts starting January 1). GAAP loss per share was $0.39 vs. consensus of $0.43.”

According to TipRanks.com, Halper is a 5-star analyst with an average return of 15.5% and a 65.7% success rate. Halper covers the Services sector, focusing on stocks such as WellCare Health Plans, Tivity Health Inc, and Hms Holdings Corp.

Teladoc has an analyst consensus of Moderate Buy, with a price target consensus of $44.

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