Nomura analyst Dan Dolev maintained a Buy rating on ARAMARK Holdings (NYSE: ARMK) on May 8 and set a price target of $48. The company’s shares closed yesterday at $37.47, close to its 52-week low of $36.29.
According to TipRanks.com, Dolev is a 5-star analyst with an average return of 14.8% and a 67.7% success rate. Dolev covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, S&P Global Inc, and Moody’s Corp.
ARAMARK Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $49.
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Based on ARAMARK Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $27.57 million. In comparison, last year the company had a net profit of $70.15 million.
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Aramark engages in the provision of food, facilities, and uniform services. It operates through the following segments: Food and Support Services North America (FSS North America); Food and Support Services International (FSS International); and Uniform.
