Analysts Conflictied on These Services Names: Jack In The Box (NASDAQ: JACK), Hain Celestial (NASDAQ: HAIN) and Target (NYSE: TGT)

By Ryan Adsit

Analysts have been eager to weigh in on the Services sector with new ratings on Jack In The Box (NASDAQ: JACK), Hain Celestial (NASDAQ: HAIN) and Target (NYSE: TGT).

Jack In The Box (NASDAQ: JACK)

Oppenheimer analyst Brian Bittner reiterated a Buy rating on Jack In The Box (NASDAQ: JACK) today and set a price target of $115. The company’s shares opened today at $100.69, close to its 52-week high of $102.68.

Bittner commented:

“With a scarcity for great ideas, JACK represents an attractive setup and one of our top picks. Our deep-dive analysis drives high confidence in our estimates which implies the stock lingers at a 25% discount to peers. This underappreciates the model’s transformation and its top-notch capital returns. Our work supports: 1) a “solid” upcoming 4Q16 report (11/21), 2) a ’17 EPS outlook that should bracket consensus with weaponry for upside, and 3) >$400M of EBITDA next year is achievable without above-average sales.”

According to TipRanks.com, Bittner is a top 100 analyst with an average return of 11.9% and a 66.1% success rate. Bittner covers the Services sector, focusing on stocks such as Restaurant Brands International, Buffalo Wild Wings, and Cheesecake Factory.

Jack In The Box has an analyst consensus of Moderate Buy, with a price target consensus of $109.20.

Hain Celestial (NASDAQ: HAIN)

Oppenheimer analyst Rupesh Parikh reiterated a Hold rating on Hain Celestial (NASDAQ: HAIN) yesterday. The company’s shares opened today at $39.53.

According to TipRanks.com, Parikh is a top 100 analyst with an average return of 17.1% and a 63.4% success rate. Parikh covers the Services sector, focusing on stocks such as United Natural Foods, Life Time Fitness, and Natural Grocers.

Hain Celestial has an analyst consensus of Moderate Buy, with a price target consensus of $45.

Target (NYSE: TGT)

In a report released yesterday, Patrick Mckeever from MKM Partners reiterated a Hold rating on Target (NYSE: TGT), with a price target of $77. The company’s shares opened today at $76.18.

According to TipRanks.com, Mckeever is a 4-star analyst with an average return of 4.5% and a 62.4% success rate. Mckeever covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Wal-Mart Stores, and Dollar General.

Currently, the analyst consensus on Target is Hold and the average price target is $79.20, representing a 4.0% upside.

In a report issued on November 9, Jefferies also reiterated a Hold rating on the stock with a $72 price target.