Analysts Offer Insights on Services Companies: Bright Horizons (NYSE: BFAM) and Omnicom Group (NYSE: OMC)

By Carrie Williams

Analysts have been eager to weigh in on the Services sector with new ratings on Bright Horizons (BFAMResearch Report) and Omnicom Group (OMCResearch Report).

Bright Horizons (BFAM)

In a report released today, Jeffrey Silber from BMO Capital maintained a Hold rating on Bright Horizons, with a price target of $122. The company’s shares opened today at $120, close to its 52-week high of $123.93.

According to TipRanks.com, Silber is a top 25 analyst with an average return of 20.4% and a 74.4% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Laureate Education Inc.

Currently, the analyst consensus on Bright Horizons is a Hold with an average price target of $123, implying a 2.5% upside from current levels. In a report released today, Merrill Lynch also maintained a Hold rating on the stock with a $123 price target.

See today’s analyst top recommended stocks >>

Omnicom Group (OMC)

BMO Capital analyst Daniel Salmon maintained a Buy rating on Omnicom Group today and set a price target of $83. The company’s shares opened today at $74.42.

According to TipRanks.com, Salmon is a 5-star analyst with an average return of 15.0% and a 67.2% success rate. Salmon covers the Services sector, focusing on stocks such as Walt Disney, Carvana Co, and CBS Corp.

Currently, the analyst consensus on Omnicom Group is a Hold with an average price target of $76.

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