Analysts Offer Insights on Services Companies: WW Grainger (NYSE: GWW) and Omnicom Group (NYSE: OMC)By Ryan Adsit
Companies in the Services sector have received a lot of coverage today as analysts weigh in on WW Grainger (NYSE: GWW) and Omnicom Group (NYSE: OMC).
WW Grainger (NYSE: GWW)
According to TipRanks.com, Dray is a 4-star analyst with an average return of 3.9% and a 59.5% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Emerson Electric Company, and United Technologies Corp.
Currently, the analyst consensus on WW Grainger is Hold and the average price target is $210, representing a 7.5% upside.
In a report released today, Credit Suisse also downgraded the stock to Sell with a $175 price target.
Omnicom Group (NYSE: OMC)
According to TipRanks.com, Cahall is a 4-star analyst with an average return of 6.0% and a 71.3% success rate. Cahall covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Regal Entertainment, and Caci International.
Omnicom Group has an analyst consensus of Hold, with a price target consensus of $85.50.
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