Analysts have been eager to weigh in on the Services sector with new ratings on Eagle Bulk Shipping (EGLE) and JC Penney (JCP).
Eagle Bulk Shipping (EGLE)
B.Riley FBR analyst Liam Burke maintained a Buy rating on Eagle Bulk Shipping today and set a price target of $8.50. The company’s shares closed last Monday at $3.00, close to its 52-week low of $2.87.
According to TipRanks.com, Burke is ranked 0 out of 5 stars with an average return of -7.9% and a 38.0% success rate. Burke covers the Services sector, focusing on stocks such as Matthews International, Nordic American Tanker, and Golar LNG Partners.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eagle Bulk Shipping with a $6.35 average price target.
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JC Penney (JCP)
B.Riley FBR analyst Jeff Van Sinderen maintained a Hold rating on JC Penney today and set a price target of $0.75. The company’s shares closed last Monday at $0.69, close to its 52-week low of $0.53.
According to TipRanks.com, Sinderen is a 1-star analyst with an average return of -1.3% and a 44.5% success rate. Sinderen covers the Consumer Goods sector, focusing on stocks such as Universal Electronics, Iteris, and Verso.
JC Penney has an analyst consensus of Hold.
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