Analysts Offer Insights on Services Companies: Healthsouth Corp (NYSE: HLS), GMS Inc (NYSE: GMS) and American Eagle (NYSE: AEO)

By Carrie Williams

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Healthsouth Corp (NYSE: HLS), GMS Inc (NYSE: GMS) and American Eagle (NYSE: AEO) with bullish sentiments.

Healthsouth Corp (NYSE: HLS)

RBC Capital analyst Frank Morgan reiterated a Buy rating on Healthsouth Corp (NYSE: HLS) on November 13 and set a price target of $55. The company’s shares closed yesterday at $48.63, close to its 52-week high of $49.99.

According to TipRanks.com, Morgan is a 4-star analyst with an average return of 7.1% and a 57.8% success rate. Morgan covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Fresenius Medical Care Corp, and Quest Diagnostics Inc.

Currently, the analyst consensus on Healthsouth Corp is Moderate Buy and the average price target is $53.83, representing a 10.7% upside.

In a report issued on November 2, Mizuho Securities also upgraded the stock to Buy with a $55 price target.
GMS Inc (NYSE: GMS)

RBC Capital analyst Robert Wetenhall reiterated a Buy rating on GMS Inc (NYSE: GMS) on November 13 and set a price target of $39. The company’s shares closed yesterday at $34.05.

According to TipRanks.com, Wetenhall is a top 25 analyst with an average return of 18.3% and a 82.4% success rate. Wetenhall covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Installed Building Products, and Advanced Drainage Systems.

Currently, the analyst consensus on GMS Inc is Strong Buy and the average price target is $38, representing an 11.6% upside.

In a report issued on November 6, SunTrust Robinson also reiterated a Buy rating on the stock with a $40 price target.
American Eagle (NYSE: AEO)

In a report issued on November 13, Richard Chamberlain from RBC Capital reiterated a Buy rating on American Eagle (NYSE: AEO), with a price target of $14. The company’s shares closed yesterday at $13.62.

According to TipRanks.com, Chamberlain is a 3-star analyst with an average return of 4.7% and a 61.7% success rate. Chamberlain covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Ascena Retail Group, and Wal-Mart Stores Inc.

Currently, the analyst consensus on American Eagle is Strong Buy and the average price target is $15, representing a 10.1% upside.

In a report issued on October 31, BMO Capital also reiterated a Buy rating on the stock with a $15 price target.

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