Analysts Conflictied on These Services Names: MDC Partners (NASDAQ: MDCA) and Whole Foods (NASDAQ: WFM)

By Jason Carr

Analysts have been eager to weigh in on the Services sector with new ratings on MDC Partners (NASDAQ: MDCA) and Whole Foods (NASDAQ: WFM).

MDC Partners (NASDAQ: MDCA)

BMO Capital analyst Daniel Salmon downgraded MDC Partners (NASDAQ: MDCA) to Hold today. The company’s shares closed yesterday at $8.40, close to its 52-week low of $8.

According to TipRanks.com, Salmon is a 4-star analyst with an average return of 4.0% and a 61.2% success rate. Salmon covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Alliance Data Sys., and Publicis Groupe SA.

MDC Partners has an analyst consensus of Hold.

Whole Foods (NASDAQ: WFM)

In a report released today, Robert Ohmes from Merrill Lynch downgraded Whole Foods (NASDAQ: WFM) to Sell. The company’s shares closed yesterday at $28.46, close to its 52-week low of $27.67.

According to TipRanks.com, Ohmes is a 2-star analyst with an average return of 0.2% and a 49.1% success rate. Ohmes covers the Services sector, focusing on stocks such as United Natural Foods, The Finish Line, and Wal-Mart Stores.

Currently, the analyst consensus on Whole Foods is Hold and the average price target is $30.40, representing a 6.8% upside.

In a report released yesterday, BMO Capital also reiterated a Sell rating on the stock.