Analysts have been eager to weigh in on the Services sector with new ratings on Costco (COST) and Loblaw Companies (LBLCF).
Costco (COST)
In a report released today, Michael Baker from Nomura maintained a Hold rating on Costco, with a price target of $310.00. The company’s shares closed last Monday at $286.89.
According to TipRanks.com, Baker is a 3-star analyst with an average return of 0.7% and a 53.2% success rate. Baker covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Burlington Stores.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $328.47 average price target.
See today’s analyst top recommended stocks >>
Loblaw Companies (LBLCF)
RBC Capital analyst Irene Nattel maintained a Buy rating on Loblaw Companies today and set a price target of C$86.00. The company’s shares closed last Monday at $43.58, equals to its 52-week low of $43.58.
Nattel has an average return of 1.8% when recommending Loblaw Companies.
According to TipRanks.com, Nattel is ranked #3419 out of 6169 analysts.
Loblaw Companies has an analyst consensus of Strong Buy, with a price target consensus of $55.82.
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