Analysts Conflictied on These Services Names: Ritchie Bros. (NYSE: RBA), Walt Disney (NYSE: DIS) and Nordstrom Inc (NYSE: JWN)

By Jason Carr

Analysts have been eager to weigh in on the Services sector with new ratings on Ritchie Bros. (NYSE: RBA), Walt Disney (NYSE: DIS) and Nordstrom Inc (NYSE: JWN).

Ritchie Bros. (NYSE: RBA)

BMO Capital analyst Bert Powell reiterated a Hold rating on Ritchie Bros. (NYSE: RBA) yesterday and set a price target of $38. The company’s shares opened today at $37.29, close to its 52-week high of $37.39.

Powell has an average return of 14.2% when recommending Ritchie Bros..

According to TipRanks.com, Powell is ranked #689 out of 4200 analysts.

Currently, the analyst consensus on Ritchie Bros. is Moderate Buy and the average price target is $35.75, representing a -4.1% downside.

In a report issued on November 9, Oppenheimer also reiterated a Hold rating on the stock.
Walt Disney (NYSE: DIS)

In a report released today, Jessica Reif Cohen from Merrill Lynch reiterated a Buy rating on Walt Disney (NYSE: DIS), with a price target of $125. The company’s shares opened today at $97.18.

According to TipRanks.com, Cohen is a 4-star analyst with an average return of 3.6% and a 58.8% success rate. Cohen covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Discovery Comms., and Scripps Networks.

Currently, the analyst consensus on Walt Disney is Moderate Buy and the average price target is $106.67, representing a 9.8% upside.

In a report issued on October 27, Credit Suisse also maintained a Buy rating on the stock with a $125 price target.
Nordstrom Inc (NYSE: JWN)

Merrill Lynch analyst Lorraine Hutchinson reiterated a Sell rating on Nordstrom Inc (NYSE: JWN) today and set a price target of $40. The company’s shares opened today at $57.50.

According to TipRanks.com, Hutchinson is a 3-star analyst with an average return of 0.8% and a 56.3% success rate. Hutchinson covers the Services sector, focusing on stocks such as Signet Jewelers Limited, Abercrombie Fitch, and Burlington Stores.

Nordstrom Inc has an analyst consensus of Hold, with a price target consensus of $47.33.