Analysts Offer Insights on Services Companies: Tarena International (NASDAQ: TEDU), Advance Auto Parts (NYSE: AAP) and Diana Shipping (NYSE: DSX)

By Ryan Adsit

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Tarena International (NASDAQ: TEDU), Advance Auto Parts (NYSE: AAP) and Diana Shipping (NYSE: DSX).

Tarena International (NASDAQ: TEDU)

In a report released yesterday, Johnny Kin Man Wong from Jefferies reiterated a Buy rating on Tarena International (NASDAQ: TEDU), with a price target of $21.50. The company’s shares closed yesterday at $17.69.

Wong has an average return of 24.9% when recommending Tarena International.

According to TipRanks.com, Wong is ranked #558 out of 4560 analysts.

Currently, the analyst consensus on Tarena International is Moderate Buy and the average price target is $22, representing a 24.4% upside.

In a report issued on May 11, Nomura also assigned a Buy rating to the stock with a $22.50 price target.
Advance Auto Parts (NYSE: AAP)

Jefferies analyst Bret Jordan reiterated a Hold rating on Advance Auto Parts (NYSE: AAP) today and set a price target of $160. The company’s shares closed yesterday at $140.66, close to its 52-week low of $134.08.

According to TipRanks.com, Jordan is a 4-star analyst with an average return of 8.0% and a 63.6% success rate. Jordan covers the Services sector, focusing on stocks such as Pep Boys-Manny Moe & Jack, Kar Auction Services Inc, and Genuine Parts Company.

Advance Auto Parts has an analyst consensus of Moderate Buy, with a price target consensus of $178.50.

Diana Shipping (NYSE: DSX)

In a report released yesterday, Douglas Mavrinac from Jefferies reiterated a Hold rating on Diana Shipping (NYSE: DSX), with a price target of $4.50. The company’s shares closed yesterday at $4.

According to TipRanks.com, Mavrinac is a 4-star analyst with an average return of 8.1% and a 50.2% success rate. Mavrinac covers the Services sector, focusing on stocks such as Navios Maritime Partners Lp, Ship Finance International, and Golden Ocean Group Limited.

Currently, the analyst consensus on Diana Shipping is Hold and the average price target is $5.63, representing a 40.8% upside.

In a report released yesterday, Evercore ISI also upgraded the stock to Hold with a $5 price target.

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