Barrington analyst Alexander Paris reiterated a Buy rating on Carriage Services (CSV) today and set a price target of $26.00. The company’s shares closed last Monday at $21.31.
According to TipRanks.com, Paris is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.5% and a 32.8% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carriage Services with a $27.50 average price target, which is a 29.0% upside from current levels. In a report issued on October 1, Sidoti also maintained a Buy rating on the stock with a $29.00 price target.
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Based on Carriage Services’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $4.84 million. In comparison, last year the company had a net profit of $2.19 million.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.
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Carriage Services, Inc. provides funeral and cemetery services and products in the United States of America. It operates through the following segments: Funeral Home Operations and Cemetery Operations.
