Analysts fell to the sidelines weighing in on Shaw Communications (NYSE: SJR), Gap Inc (NYSE: GPS), GameStop Corp (NYSE: GME) and Apollo Group (NASDAQ: APOL) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Shaw Communications (NYSE: SJR)
Canaccord Genuity analyst Aravinda Galappatthige reiterated a Hold rating on Shaw Communications Inc. (NYSE: SJR) today. The company’s shares opened today at $18.30.
Shaw Communications Inc. has an analyst consensus of Hold.
According to TipRanks.com, Galappatthige is a 3-star analyst with an average return of 2.4% and a 58.1% success rate. Galappatthige covers the Technology sector, focusing on stocks such as Rogers Communication, Alphabet Inc, and BCE Inc.
Gap Inc (NYSE: GPS)
Oppenheimer analyst Anna Andreeva reiterated a Hold rating on Gap (NYSE: GPS) yesterday and set a price target of $24. The company’s shares opened today at $23.74, close to its 52-week low of $21.40.
Andreeva commented, “Earlier this week we met with CEO Art Peck, CFO Sabrina Simmons and SVP of IR Jack Calandra at GPS HQ; we also previewed April/May product with members of merchandising teams. While there’s noise in the near term (Easter build missed plan at all brands), core Gap appears to be finding the bottom (conversion positive), offset by Old Navy (~60% of profits), where the formula is being tweaked (reining in fashion penetration) and leadership evolving (new Brand President, CMO search ongoing). Additionally, Banana (smallest brand at 17% of sales/profits) is struggling with ticket/quality.”
Currently, the analyst consensus on Gap is Hold and the average price target is $25.75, representing an 8.5% upside. In a report issued on April 11, Citigroup also maintained a Hold rating on the stock with a $25 price target.
According to TipRanks.com, Andreeva is a 4-star analyst with an average return of 5.0% and a 47.1% success rate. Andreeva covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Children’s Place.
GameStop Corp (NYSE: GME)
In a report released yesterday, Brian Nagel from Oppenheimer reiterated a Hold rating on GameStop (NYSE: GME). The company’s shares opened today at $31.75.
Currently, the analyst consensus on GameStop is Moderate Buy and the average price target is $36.72, representing a 15.7% upside. In a report released today, Telsey Advisory also reiterated a Hold rating on the stock with a $34 price target.
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 6.4% and a 57.7% success rate. Nagel covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Lumber Liquidators.
Apollo Group (NASDAQ: APOL)
In a report released yesterday, Denny Galindo from Morgan Stanley reiterated a Hold rating on Apollo Group (NASDAQ: APOL), with a price target of $9. The company’s shares opened today at $7.41, close to its 52-week low of $6.31.
Currently, the analyst consensus on Apollo Group is Hold and the average price target is $9, representing a 21.5% upside. In a report issued on April 7, Deutsche Bank also maintained a Hold rating on the stock with a $9 price target.
According to TipRanks.com, Galindo is a 2-star analyst with an average return of -2.4% and a 33.3% success rate. Galindo covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Houghton Mifflin, and Moody’s Corp.
The post Analysts Offer Insights on Service Companies: Shaw Communications (NYSE: SJR), Gap Inc (NYSE: GPS), GameStop Corp (NYSE: GME) and Apollo Group (NASDAQ: APOL) appeared first on Markets.co.