February 13, 2023

Analysts Are Bullish on Top Services Stocks: Chipotle (CMG), Global Payments (GPN)

There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Chipotle (CMG – Research Report), Global Payments (GPN – Research Report) and PLBY Group (PLBY – Research Report) with bullish sentiments.

Chipotle (CMG)

In a report released today, Andrew Charles from Cowen & Co. reiterated a Buy rating on Chipotle, with a price target of $2050.00. The company’s shares closed last Friday at $1583.89.

According to TipRanks.com, Charles is a 5-star analyst with an average return of 11.1% and a 62.1% success rate. Charles covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box, and Yum! Brands.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chipotle with a $1850.71 average price target, representing a 16.4% upside. In a report issued on February 1, Robert W. Baird also maintained a Buy rating on the stock with a $1800.00 price target.

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Global Payments (GPN)

In a report released today, John Davis from Raymond James maintained a Buy rating on Global Payments, with a price target of $160.00. The company’s shares closed last Friday at $117.88.

According to TipRanks.com, Davis is ranked #3514 out of 8332 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Payments with a $132.00 average price target.

PLBY Group (PLBY)

In a report released today, Brian Dobson from Chardan Capital reiterated a Buy rating on PLBY Group, with a price target of $5.00. The company’s shares closed last Friday at $2.52, close to its 52-week low of $2.46.

According to TipRanks.com, Dobson is ranked 0 out of 5 stars with an average return of -20.7% and a 23.9% success rate. Dobson covers the Technology sector, focusing on stocks such as Presto Automation, Freightos Limited, and BM Technologies.

Currently, the analyst consensus on PLBY Group is a Moderate Buy with an average price target of $5.00.

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