Analysts’ Opinions Are Mixed on These Services Stocks: Mcgrath Rentcorp (NASDAQ: MGRC) and The Advisory Board (NASDAQ: ABCO)

By Ryan Adsit

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Mcgrath Rentcorp (NASDAQ: MGRC) and The Advisory Board (NASDAQ: ABCO).

Mcgrath Rentcorp (NASDAQ: MGRC)

In a report released yesterday, Scott Schneeberger from Oppenheimer assigned a Hold rating to Mcgrath Rentcorp (NASDAQ: MGRC). The company’s shares closed yesterday at $29.66.

According to TipRanks.com, Schneeberger is a top 25 analyst with an average return of 10.6% and a 61.0% success rate. Schneeberger covers the Services sector, focusing on stocks such as New Oriental Education Tech, Capella Education Company, and Kansas City Southern.

Mcgrath Rentcorp has an analyst consensus of Hold.

The Advisory Board (NASDAQ: ABCO)

In a report released yesterday, Mohan Naidu from Oppenheimer assigned a Buy rating to The Advisory Board (NASDAQ: ABCO), with a price target of $49. The company’s shares closed yesterday at $39.70.

According to TipRanks.com, Naidu is a 2-star analyst with an average return of 0.1% and a 47.9% success rate. Naidu covers the Technology sector, focusing on stocks such as Quality Systems, Athenahealth, and Cerner Corp.

Currently, the analyst consensus on The Advisory Board is Strong Buy and the average price target is $52.50, representing a 32.2% upside.

In a report issued on October 28, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $45 price target.