Analysts’ Opinions Are Mixed on These Services Stocks: CSX Corp (NYSE: CSX), H&R Block (NYSE: HRB) and Costco (NASDAQ: COST)

By Austin Angelo

Companies in the Services sector have received a lot of coverage today as analysts weigh in on CSX Corp (NYSE: CSX), H&R Block (NYSE: HRB) and Costco (NASDAQ: COST).

CSX Corp (NYSE: CSX)

In a report issued on August 28, Fadi Chamoun from BMO Capital reiterated a Buy rating on CSX Corp (NYSE: CSX), with a price target of $58. The company’s shares closed yesterday at $49.78.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 14.4% and a 71.9% success rate. Chamoun covers the Services sector, focusing on stocks such as Kansas City Southern, WestJet Airlines Ltd, and Union Pacific Corp.

Currently, the analyst consensus on CSX Corp is Strong Buy and the average price target is $60.27, representing a 21.1% upside.

In a report issued on August 23, Aegis Capital also maintained a Buy rating on the stock with a $64 price target.
H&R Block (NYSE: HRB)

BMO Capital analyst Jeffrey Silber reiterated a Hold rating on H&R Block (NYSE: HRB) yesterday and set a price target of $31. The company’s shares closed yesterday at $29.23.

According to TipRanks.com, Silber is a top 100 analyst with an average return of 17.8% and a 68.4% success rate. Silber covers the Services sector, focusing on stocks such as AMN Healthcare Services Inc, Apollo Education Group Inc, and American Public Education.

Currently, the analyst consensus on H&R Block is Hold and the average price target is $26.33, representing a -9.9% downside.

In a report released yesterday, Oppenheimer also reiterated a Hold rating on the stock.
Costco (NASDAQ: COST)

BMO Capital analyst Kelly Bania reiterated a Hold rating on Costco (NASDAQ: COST) on August 28 and set a price target of $160. The company’s shares closed yesterday at $153.56.

According to TipRanks.com, Bania is ranked 0 out of 5 stars with an average return of -6.5% and a 42.6% success rate. Bania covers the Services sector, focusing on stocks such as Performance Food Group, US Food Holdings Corp, and The Chefs’ Warehouse.

Currently, the analyst consensus on Costco is Moderate Buy and the average price target is $180.80, representing a 17.7% upside.

In a report issued on August 22, Jefferies also reiterated a Hold rating on the stock with a $168 price target.

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