Analysts Conflicted on These Services Names: L Brands (NYSE: LB), Starbucks Corp (NASDAQ: SBUX) and Dick’s Sporting Goods (NYSE: DKS)

By Ryan Adsit

Analysts have been eager to weigh in on the Services sector with new ratings on L Brands (NYSE: LB), Starbucks Corp (NASDAQ: SBUX) and Dick’s Sporting Goods (NYSE: DKS).

L Brands (NYSE: LB)

In a report released today, Richard Chamberlain from RBC Capital reiterated a Hold rating on L Brands (NYSE: LB), with a price target of $53. The company’s shares closed yesterday at $47.82.

According to TipRanks.com, Chamberlain is a 1-star analyst with an average return of 0.0% and a 37.5% success rate. Chamberlain covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Urban Outfitters.

Currently, the analyst consensus on L Brands is Hold and the average price target is $49, representing a 2.5% upside.

In a report issued on April 4, Citigroup also downgraded the stock to Hold with a $49 price target.
Starbucks Corp (NASDAQ: SBUX)

In a report released today, David Palmer from RBC Capital reiterated a Buy rating on Starbucks Corp (NASDAQ: SBUX), with a price target of $66. The company’s shares closed yesterday at $58.08.

According to TipRanks.com, Palmer is a top 100 analyst with an average return of 10.7% and a 74.5% success rate. Palmer covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and McDonald’s Corp.

Currently, the analyst consensus on Starbucks Corp is Moderate Buy and the average price target is $63.60, representing a 9.5% upside.

In a report issued on April 4, BMO Capital also reiterated a Buy rating on the stock with a $62 price target.
Dick’s Sporting Goods (NYSE: DKS)

RBC Capital analyst Scot Ciccarelli reiterated a Buy rating on Dick’s Sporting Goods (NYSE: DKS) yesterday and set a price target of $61. The company’s shares closed yesterday at $50.27.

According to TipRanks.com, Ciccarelli is a 4-star analyst with an average return of 8.1% and a 61.5% success rate. Ciccarelli covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Genuine Parts Company, and Wal-Mart Stores Inc.

Currently, the analyst consensus on Dick’s Sporting Goods is Moderate Buy and the average price target is $61.50, representing a 22.3% upside.

In a report issued on April 11, BMO Capital also reiterated a Buy rating on the stock with a $67 price target.

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