Analysts’ Opinions Are Mixed on These Services Stocks: Kohl’s Corp (NYSE: KSS), Magellan Health (NASDAQ: MGLN) and Essendant Inc (NASDAQ: ESND)

By Carrie Williams

Analysts have been eager to weigh in on the Services sector with new ratings on Kohl’s Corp (NYSE: KSS), Magellan Health (NASDAQ: MGLN) and Essendant Inc (NASDAQ: ESND).

Kohl’s Corp (NYSE: KSS)

Jefferies analyst Randal Konik reiterated a Buy rating on Kohl’s Corp (NYSE: KSS) yesterday and set a price target of $48. The company’s shares closed on Friday at $41.24.

According to TipRanks.com, Konik is a 1-star analyst with an average return of -1.0% and a 48.7% success rate. Konik covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Eros International, and Abercrombie Fitch.

Kohl’s Corp has an analyst consensus of Hold, with a price target consensus of $41.67.

Magellan Health (NASDAQ: MGLN)

In a report issued on July 28, David Styblo from Jefferies reiterated a Buy rating on Magellan Health (NASDAQ: MGLN), with a price target of $94. The company’s shares closed on Friday at $75.90.

According to TipRanks.com, Styblo is a 5-star analyst with an average return of 14.6% and a 87.3% success rate. Styblo covers the Services sector, focusing on stocks such as Tivity Health Inc, Starbucks Corp, and Towers Watson.

Currently, the analyst consensus on Magellan Health is Strong Buy and the average price target is $86, representing a 13.3% upside.

In a report issued on July 14, KeyBanc also upgraded the stock to Buy with a $91 price target.
Essendant Inc (NASDAQ: ESND)

Jefferies analyst Daniel Binder reiterated a Hold rating on Essendant Inc (NASDAQ: ESND) on July 27 and set a price target of $13. The company’s shares closed on Friday at $11.83, close to its 52-week high of $22.52.

According to TipRanks.com, Binder is a 4-star analyst with an average return of 7.2% and a 66.7% success rate. Binder covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Kar Auction Services Inc, and Lululemon Athletica Inc.

Essendant Inc has an analyst consensus of Hold, with a price target consensus of $13.

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