Analysts have been eager to weigh in on the Services sector with new ratings on Covetrus Inc (CVET) and Camping World Holdings (CWH).
Covetrus Inc (CVET)
In a report released today, John Ransom from Raymond James maintained a Buy rating on Covetrus Inc, with a price target of $21. The company’s shares closed last Monday at $12.35, close to its 52-week low of $12.22.
According to TipRanks.com, Ransom is a 5-star analyst with an average return of 6.9% and a 56.7% success rate. Ransom covers the Services sector, focusing on stocks such as Encompass Health Corporation, Walgreens Boots Alliance, and Addus Homecare Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Covetrus Inc with a $18 average price target, which is a 33.7% upside from current levels. In a report released yesterday, William Blair also reiterated a Buy rating on the stock.
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Camping World Holdings (CWH)
In a report released today, Brandon Rolle from Northcoast Research downgraded Camping World Holdings to Hold. The company’s shares closed last Monday at $8.05, close to its 52-week low of $7.98.
According to TipRanks.com, Rolle is a 1-star analyst with an average return of -20.2% and a 0.0% success rate. Rolle covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Winnebago Industries, and Thor Industries Inc.
Currently, the analyst consensus on Camping World Holdings is a Hold with an average price target of $12.78, implying a 54.9% upside from current levels. In a report issued on August 8, J.P. Morgan also downgraded the stock to Hold with a $11 price target.
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