Analysts Are Bullish on These Services Stocks: DIS, QVCA

By Ryan Adsit

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Walt Disney (NYSE: DIS), QVC Group (NASDAQ: QVCA) and Nordstrom Inc (NYSE: JWN) with bullish sentiments.

Walt Disney (NYSE: DIS)

UBS analyst Douglas Mitchelson reiterated a Buy rating on Walt Disney (NYSE: DIS) today and set a price target of $112. The company’s shares opened today at $97.18.

According to TipRanks.com, Mitchelson is a 4-star analyst with an average return of 8.3% and a 60.0% success rate. Mitchelson covers the Services sector, focusing on stocks such as Charter Communications, Eros International, and SFX Entertainment.

Currently, the analyst consensus on Walt Disney is Moderate Buy and the average price target is $107.54, representing a 10.7% upside.

In a report issued on October 27, Credit Suisse also maintained a Buy rating on the stock with a $125 price target.
QVC Group (NASDAQ: QVCA)

In a report released yesterday, Eric Sheridan from UBS reiterated a Buy rating on QVC Group (NASDAQ: QVCA), with a price target of $30. The company’s shares opened today at $19.81.

According to TipRanks.com, Sheridan is a 5-star analyst with an average return of 10.3% and a 69.6% success rate. Sheridan covers the Technology sector, focusing on stocks such as Activision Blizzard, IAC/InterActiveCorp, and TripAdvisor Inc.

Currently, the analyst consensus on QVC Group is Strong Buy and the average price target is $25.25, representing a 27.5% upside.

In a report issued on November 9, FBR Capital also reiterated a Buy rating on the stock with a $25 price target.
Nordstrom Inc (NYSE: JWN)

KeyBanc analyst Edward Yruma reiterated a Buy rating on Nordstrom Inc (NYSE: JWN) today. The company’s shares opened today at $57.50.

According to TipRanks.com, Yruma is a 3-star analyst with an average return of 1.6% and a 52.8% success rate. Yruma covers the Services sector, focusing on stocks such as Ascena Retail Group, New York & Company, and The Bon-Ton Stores.

Currently, the analyst consensus on Nordstrom Inc is Hold and the average price target is $49, representing a -14.8% downside.

In a report released today, Stifel Nicolaus also reiterated a Buy rating on the stock with a $62 price target.