Analysts have been eager to weigh in on the Services sector with new ratings on AutoZone (AZO), Tailored Brands (TLRD) and IHS Markit (INFO).
AutoZone (AZO)
In a report released today, Michael Baker from Nomura maintained a Buy rating on AutoZone, with a price target of $1090.00. The company’s shares closed last Monday at $789.45, close to its 52-week low of $730.00.
According to TipRanks.com, Baker is a 3-star analyst with an average return of 0.9% and a 54.6% success rate. Baker covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Burlington Stores.
AutoZone has an analyst consensus of Strong Buy, with a price target consensus of $1199.80, implying a 50.1% upside from current levels. In a report issued on March 4, J.P. Morgan also maintained a Buy rating on the stock with a $1259.00 price target.
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Tailored Brands (TLRD)
In a report released today, Paul Trussell from Deutsche Bank maintained a Hold rating on Tailored Brands, with a price target of $1.00. The company’s shares closed last Monday at $1.16, close to its 52-week low of $1.06.
According to TipRanks.com, Trussell is a 3-star analyst with an average return of 0.7% and a 53.4% success rate. Trussell covers the Services sector, focusing on stocks such as United Natural Foods, Burlington Stores, and Designer Brands.
Tailored Brands has an analyst consensus of Hold, with a price target consensus of $5.00, which is a 320.2% upside from current levels. In a report released today, B.Riley FBR also reiterated a Hold rating on the stock with a $5.00 price target.
IHS Markit (INFO)
Deutsche Bank analyst Ashish Sabadra maintained a Buy rating on IHS Markit today and set a price target of $71.00. The company’s shares closed last Monday at $52.35, close to its 52-week low of $49.00.
According to TipRanks.com, Sabadra is a 2-star analyst with an average return of -0.6% and a 43.2% success rate. Sabadra covers the Services sector, focusing on stocks such as Emerald Expositions Events, TransUnion, and Equifax.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IHS Markit with a $80.18 average price target, a 46.8% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $70.00 price target.
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