Analysts Offer Insights on Services Companies: Tiffany & Co (NYSE: TIF) and Advance Auto Parts (NYSE: AAP)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Tiffany & Co (NYSE: TIF) and Advance Auto Parts (NYSE: AAP).

Tiffany & Co (NYSE: TIF)

In a report released today, Brian Tunick from RBC Capital reiterated a Hold rating on Tiffany & Co (NYSE: TIF), with a price target of $88. The company’s shares closed yesterday at $85.03.

According to TipRanks.com, Tunick is ranked 0 out of 5 stars with an average return of -4.1% and a 44.5% success rate. Tunick covers the Services sector, focusing on stocks such as Signet Jewelers Limited, Ascena Retail Group, and Abercrombie Fitch.

Currently, the analyst consensus on Tiffany & Co is Strong Buy and the average price target is $99, representing a 16.4% upside.

In a report released yesterday, Credit Suisse also maintained a Hold rating on the stock with a $82 price target.
Advance Auto Parts (NYSE: AAP)

RBC Capital analyst Scot Ciccarelli reiterated a Buy rating on Advance Auto Parts (NYSE: AAP) today and set a price target of $153. The company’s shares closed yesterday at $133.02, close to its 52-week low of $131.30.

According to TipRanks.com, Ciccarelli is a 4-star analyst with an average return of 8.4% and a 61.8% success rate. Ciccarelli covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dick’s Sporting Goods, and Genuine Parts Company.

Advance Auto Parts has an analyst consensus of Moderate Buy, with a price target consensus of $171.80.

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