Analysts Have Conflicting Sentiments on These Services Companies: Clear Channel Outdoor (NYSE: CCO), Buffalo Wild Wings (NASDAQ: BWLD) and Abercrombie Fitch (NYSE: ANF)

By Austin Angelo

Analysts have been eager to weigh in on the Services sector with new ratings on Clear Channel Outdoor (NYSE: CCO), Buffalo Wild Wings (NASDAQ: BWLD) and Abercrombie Fitch (NYSE: ANF).

Clear Channel Outdoor (NYSE: CCO)

Credit Suisse analyst Ralph M. Profiti reiterated a Hold rating on Clear Channel Outdoor (NYSE: CCO) yesterday and set a price target of $13.50. The company’s shares opened today at $5.80.

M. Profiti noted:

“We estimate a reassessment of C$727Mln in taxable income in Q4. Valuation: We estimate Cameco is trading at an equity-implied uranium price of $50/lb, a 39% premium to the current UxC LT price of $36/lb – and compares to the post-Fukushima average of 24%.”

According to TipRanks.com, Profiti is a 1-star analyst with an average return of -8.5% and a 30.8% success rate. Profiti covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals Inc, Pan American Silver, and Plains All American.

Currently, the analyst consensus on Clear Channel Outdoor is Hold and the average price target is $5.50, representing a -5.2% downside.

In a report issued on November 9, Wells Fargo also maintained a Hold rating on the stock.
Buffalo Wild Wings (NASDAQ: BWLD)

BMO Capital analyst Andrew Strelzik reiterated a Buy rating on Buffalo Wild Wings (NASDAQ: BWLD) on November 18 and set a price target of $190. The company’s shares opened today at $166, close to its 52-week high of $172.92.

According to TipRanks.com, Strelzik is a 3-star analyst with an average return of 3.8% and a 64.4% success rate. Strelzik covers the Services sector, focusing on stocks such as Starbucks Corp., Texas Roadhouse, and Chuy’s Holdings.

Buffalo Wild Wings has an analyst consensus of Moderate Buy, with a price target consensus of $163.90.

Abercrombie Fitch (NYSE: ANF)

BMO Capital analyst John Morris reiterated a Hold rating on Abercrombie Fitch (NYSE: ANF) on November 18. The company’s shares opened today at $14.26, close to its 52-week low of $14.

According to TipRanks.com, Morris is a 3-star analyst with an average return of 2.4% and a 53.8% success rate. Morris covers the Services sector, focusing on stocks such as Duluth Holdings Inc, Burlington Stores, and Children’s Place.

Currently, the analyst consensus on Abercrombie Fitch is Hold and the average price target is $19.17, representing a 34.4% upside.

In a report issued on November 14, Wolfe Research also downgraded the stock to Hold.