There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Red Robin Gourmet (RRGB), Systemax Inc (SYX) and NV5 Holdings (NVEE) with bullish sentiments.
Red Robin Gourmet (RRGB)
Maxim Group analyst Stephen Anderson maintained a Buy rating on Red Robin Gourmet today and set a price target of $46. The company’s shares opened today at $26.91, close to its 52-week low of $25.46.
Anderson wrote:
“After the close yesterday, Red Robin Gourmet Burgers (RRGB) announced the naming of Lynn Schweinfurth, formerly Chief Financial Officer of Fiesta Restaurant Group (FRGI—NR), as the company’s new CFO.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 8.5% and a 62.5% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Currently, the analyst consensus on Red Robin Gourmet is a Moderate Buy with an average price target of $37.57.
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Systemax Inc (SYX)
In a report released today, Anthony Lebiedzinski from Sidoti maintained a Buy rating on Systemax Inc, with a price target of $34. The company’s shares opened today at $24.55.
According to TipRanks.com, Lebiedzinski is ranked #1489 out of 5110 analysts.
Systemax Inc has an analyst consensus of Moderate Buy.
NV5 Holdings (NVEE)
In a report released today, Tate Sullivan from Maxim Group maintained a Buy rating on NV5 Holdings, with a price target of $110. The company’s shares opened today at $60.03.
Sullivan noted:
“NVEE’s new “ENERGY 2021″ strategy and yesterday’s acquisition of Connecticut-based Celtic Energy indicate NVEE expects more job opportunities to make buildings, and the U.S. power grid more efficient.”
According to TipRanks.com, Sullivan is ranked #3702 out of 5110 analysts.
NV5 Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $102.50.
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