There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on TFI International (TFII) and McDonald’s (MCD) with bullish sentiments.
TFI International (TFII)
National Bank analyst Cameron Doerksen maintained a Buy rating on TFI International today and set a price target of C$65.00. The company’s shares closed last Tuesday at $41.33.
According to TipRanks.com, Doerksen ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.6% and a 29.2% success rate. Doerksen covers the Services sector, focusing on stocks such as Canadian Railway, Canadian Pacific, and Air Canada.
TFI International has an analyst consensus of Strong Buy, with a price target consensus of $42.45, which is a 4.0% upside from current levels. In a report issued on July 15, Credit Suisse also maintained a Buy rating on the stock with a $45.00 price target.
See today’s analyst top recommended stocks >>
Wells Fargo analyst Jon Tower maintained a Buy rating on McDonald’s today. The company’s shares closed last Tuesday at $196.24.
According to TipRanks.com, Tower is a 4-star analyst with an average return of 18.8% and a 76.5% success rate. Tower covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and Red Robin Gourmet.
Currently, the analyst consensus on McDonald’s is a Strong Buy with an average price target of $209.00, representing a 5.2% upside. In a report issued on July 15, Longbow Research also maintained a Buy rating on the stock with a $210.00 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.