Companies in the Services sector have received a lot of coverage today as analysts weigh in on FedEx (FDX) and EasyJet (EJTTF).
FedEx (FDX)
In a report released today, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on FedEx, with a price target of $140.00. The company’s shares closed last Monday at $143.00, close to its 52-week low of $138.59.
According to TipRanks.com, Ossenbeck is a 5-star analyst with an average return of 23.3% and a 69.7% success rate. Ossenbeck covers the Services sector, focusing on stocks such as Echo Global Logistics, Canadian Pacific, and United Parcel.
Currently, the analyst consensus on FedEx is a Moderate Buy with an average price target of $165.33, representing a 16.6% upside. In a report issued on September 19, Daiwa also maintained a Hold rating on the stock with a $155.00 price target.
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EasyJet (EJTTF)
RBC Capital analyst Damian Brewer maintained a Buy rating on EasyJet today. The company’s shares closed last Monday at $14.39.
According to TipRanks.com, Brewer is ranked #2014 out of 5539 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EasyJet with a $14.35 average price target, implying a -0.3% downside from current levels. In a report issued on September 23, HSBC also upgraded the stock to Buy with a £12.50 price target.
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