Companies in the Services sector have received a lot of coverage today as analysts weigh in on McDonald’s (MCD), ARAMARK Holdings (ARMK) and Adtalem Global Education (ATGE).
McDonald’s (MCD)
In a report issued on April 30, David Palmer from Evercore ISI maintained a Buy rating on McDonald’s, with a price target of $260.00. The company’s shares closed last Friday at $236.08, close to its 52-week high of $236.29.
According to TipRanks.com, Palmer is a 5-star analyst with an average return of 10.0% and a 68.8% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Kraft Heinz, and Hershey Co.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for McDonald’s with a $260.19 average price target, representing an 11.2% upside. In a report issued on April 15, Cowen & Co. also maintained a Buy rating on the stock with a $255.00 price target.
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ARAMARK Holdings (ARMK)
Robert W. Baird analyst Andrew Wittmann maintained a Hold rating on ARAMARK Holdings on April 29 and set a price target of $39.00. The company’s shares closed last Friday at $38.87.
According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 20.2% and a 70.7% success rate. Wittmann covers the Services sector, focusing on stocks such as Terminix Global Holdings, BrightView Holdings, and Healthcare Services.
Currently, the analyst consensus on ARAMARK Holdings is a Moderate Buy with an average price target of $42.80.
Adtalem Global Education (ATGE)
In a report issued on April 29, Jeffrey Meuler from Robert W. Baird maintained a Hold rating on Adtalem Global Education, with a price target of $39.00. The company’s shares closed last Friday at $34.31.
According to TipRanks.com, Meuler is a 4-star analyst with an average return of 12.4% and a 72.2% success rate. Meuler covers the Services sector, focusing on stocks such as Grand Canyon Education, Nielsen Holdings, and Bright Horizons.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adtalem Global Education with a $48.00 average price target.
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