Analysts Offer Insights on Services Companies: Brinker International (NYSE: EAT) and Coach (NYSE: COH)

By Carrie Williams

Analysts have been eager to weigh in on the Services sector with new ratings on Brinker International (NYSE: EAT) and Coach (NYSE: COH).

Brinker International (NYSE: EAT)

In a report issued on August 10, Nicole Miller Regan from Piper Jaffray reiterated a Hold rating on Brinker International (NYSE: EAT), with a price target of $35. The company’s shares closed yesterday at $35.32, close to its 52-week high of $55.84.

According to TipRanks.com, Regan is a 4-star analyst with an average return of 4.7% and a 52.5% success rate. Regan covers the Services sector, focusing on stocks such as Restaurant Brands International, Dave & Busters Entertainment, and Popeyes Louisiana Kitchen.

Currently, the analyst consensus on Brinker International is Hold and the average price target is $41.50, representing a 17.5% upside.

In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $41 price target.
Coach (NYSE: COH)

In a report issued on August 10, Erinn Murphy from Piper Jaffray reiterated a Buy rating on Coach (NYSE: COH), with a price target of $52. The company’s shares closed yesterday at $47.55, close to its 52-week high of $48.85.

According to TipRanks.com, Murphy is ranked 0 out of 5 stars with an average return of -5.4% and a 45.2% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Wolverine World Wide, and G-III Apparel Group.

Currently, the analyst consensus on Coach is Strong Buy and the average price target is $52.33, representing a 10.1% upside.

In a report issued on August 2, RBC Capital also reiterated a Buy rating on the stock with a $50 price target.

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