Analysts Offer Insights on Services Companies: BridgePoint Edu (NYSE: BPI) and Information Services Group (NASDAQ: III)

By Austin Angelo

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on BridgePoint Edu (NYSE: BPI) and Information Services Group (NASDAQ: III) with bullish sentiments.

BridgePoint Edu (NYSE: BPI)

In a report released today, Alexander Paris from Barrington maintained a Buy rating on BridgePoint Edu (NYSE: BPI), with a price target of $15. The company’s shares opened today at $7.36, close to its 52-week low of $5.71.

According to TipRanks.com, Paris is a 4-star analyst with an average return of 15.7% and a 65.3% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Capella Education Company.

BridgePoint Edu has an analyst consensus of Moderate Buy, with a price target consensus of $11.50.

Information Services Group (NASDAQ: III)

In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Information Services Group (NASDAQ: III), with a price target of $6. The company’s shares opened today at $4.42, close to its 52-week high of $4.63.

Colicchio wrote:

“We expect the company to report Q4/17 non‐GAAP EPS of $0.08, which is in line with the FactSet consensus of $0.08. Our forecast represents an improvement from a $0.04 loss in the year‐ago period. The comparable period was negatively impacted by spending delays in the U.K., which resulted in a significant decline in labor utilization rates.”

According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 10.4% and a 62.5% success rate. Colicchio covers the Technology sector, focusing on stocks such as CMTSU Liquidation Inc, Sykes Enterprises Inc, and Exlservice Holdings.

Currently, the analyst consensus on Information Services Group is Moderate Buy and the average price target is $6, representing a 35.7% upside.

In a report released yesterday, B.Riley FBR also maintained a Buy rating on the stock with a $6 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.