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Analysts’ Opinions Are Mixed on These Services Stocks: Super Group (SGHC) (SGHC) and Beachbody Company (BODY)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Super Group (SGHC) (SGHCResearch Report) and Beachbody Company (BODYResearch Report).

Super Group (SGHC) (SGHC)

Needham analyst Bernie McTernan reiterated a Buy rating on Super Group (SGHC) today and set a price target of $5.00. The company’s shares closed last Tuesday at $4.00.

According to TipRanks.com, McTernan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.1% and a 33.7% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

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

See Insiders’ Hot Stocks on TipRanks >>

Beachbody Company (BODY)

Credit Suisse analyst Kaumil Gajrawala maintained a Hold rating on Beachbody Company today and set a price target of $1.35. The company’s shares closed last Tuesday at $0.70, close to its 52-week low of $0.50.

According to TipRanks.com, Gajrawala is a 1-star analyst with an average return of -1.7% and a 49.3% success rate. Gajrawala covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Constellation Brands, and Simply Good Foods.

The word on The Street in general, suggests a Hold analyst consensus rating for Beachbody Company with a $1.28 average price target, representing a 68.4% upside. In a report released today, Bank of America Securities also reiterated a Hold rating on the stock with a $1.20 price target.

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