Analysts Offer Insights on Services Companies: Fiesta (NASDAQ: FRGI), Pricesmart (NASDAQ: PSMT) and Wayfair (NYSE: W)

By Austin Angelo

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Fiesta (NASDAQ: FRGI), Pricesmart (NASDAQ: PSMT) and Wayfair (NYSE: W).

Fiesta (NASDAQ: FRGI)

In a report released today, Lynne Collier from Canaccord Genuity reiterated a Hold rating on Fiesta (NASDAQ: FRGI), with a price target of $28. The company’s shares opened today at $27.05.

According to TipRanks.com, Collier is a 4-star analyst with an average return of 9.5% and a 66.1% success rate. Collier covers the Services sector, focusing on stocks such as Thomson Reuters Corp, Buffalo Wild Wings, and Cheesecake Factory.

Currently, the analyst consensus on Fiesta is Moderate Buy and the average price target is $28.33, representing a 4.7% upside.

In a report released yesterday, Jefferies also reiterated a Hold rating on the stock with a $25 price target.
Pricesmart (NASDAQ: PSMT)

In a report released yesterday, Dave King from Roth Capital reiterated a Buy rating on Pricesmart (NASDAQ: PSMT), with a price target of $100. The company’s shares opened today at $88.70.

King commented:

“We are encouraged by improving trends in Colombia, including further evidence of stabilization in memberships and strong signups at a new Chia location.”

According to TipRanks.com, King is ranked 0 out of 5 stars with an average return of -16.7% and a 32.4% success rate. King covers the Consumer Goods sector, focusing on stocks such as Differential Brands Group, Performance Sports Group, and American Apparel Inc.

Pricesmart has an analyst consensus of Moderate Buy.

Wayfair (NYSE: W)

Robert W. Baird analyst Colin Sebastian reiterated a Hold rating on Wayfair (NYSE: W) today. The company’s shares opened today at $29.30, close to its 52-week low of $27.60.

According to TipRanks.com, Sebastian is a top 25 analyst with an average return of 14.7% and a 70.5% success rate. Sebastian covers the Technology sector, focusing on stocks such as Activision Blizzard, Electronic Arts, and ChannelAdvisor.

Currently, the analyst consensus on Wayfair is Moderate Buy and the average price target is $48, representing a 63.8% upside.

In a report issued on November 4, J.P. Morgan also reiterated a Hold rating on the stock with a $44 price target.