Analysts Offer Insights on Services Companies: Expedia (NASDAQ: EXPE), Thomson Reuters Corp (NYSE: TRI) and Bojangles (NASDAQ: BOJA)

By Austin Angelo

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Expedia (NASDAQ: EXPE), Thomson Reuters Corp (NYSE: TRI) and Bojangles (NASDAQ: BOJA).

Expedia (NASDAQ: EXPE)

In a report released yesterday, Mark Mahaney from RBC Capital reiterated a Buy rating on Expedia (NASDAQ: EXPE), with a price target of $175. The company’s shares closed yesterday at $159.50, close to its 52-week high of $161.

According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 22.7% and a 71.6% success rate. Mahaney covers the Technology sector, focusing on stocks such as Global Payments Inc, IAC/InterActiveCorp, and Angie’s List Inc.

Currently, the analyst consensus on Expedia is Strong Buy and the average price target is $167, representing a 4.7% upside.

In a report issued on July 19, Oppenheimer also reiterated a Buy rating on the stock with a $175 price target.
Thomson Reuters Corp (NYSE: TRI)

In a report released yesterday, Drew Mcreynolds from RBC Capital reiterated a Hold rating on Thomson Reuters Corp (NYSE: TRI), with a price target of $45. The company’s shares closed yesterday at $46.06, close to its 52-week high of $47.04.

According to TipRanks.com, Mcreynolds is a 3-star analyst with an average return of 5.1% and a 58.3% success rate. Mcreynolds covers the Services sector, focusing on stocks such as Shaw Communications Inc, Points International, and Yellow Media.

Thomson Reuters Corp has an analyst consensus of Moderate Buy, with a price target consensus of $46.

Bojangles (NASDAQ: BOJA)

RBC Capital analyst David Palmer reiterated a Hold rating on Bojangles (NASDAQ: BOJA) yesterday and set a price target of $16. The company’s shares closed yesterday at $13.30, close to its 52-week high of $22.35.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 13.1% and a 71.4% success rate. Palmer covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and McDonald’s Corp.

Currently, the analyst consensus on Bojangles is Moderate Buy and the average price target is $18.50, representing a 39.1% upside.

In a report issued on July 27, Piper Jaffray also reiterated a Hold rating on the stock with a $15 price target.

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