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Analysts Have Conflicting Sentiments on These Services Companies: Chipotle (CMG) and Resources Connection (RGP)

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Chipotle (CMGResearch Report) and Resources Connection (RGPResearch Report).

Chipotle (CMG)

Robert W. Baird analyst David Tarantino maintained a Buy rating on Chipotle on October 6 and set a price target of $1800.00. The company’s shares closed last Wednesday at $1522.54.

According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 7.8% and a 57.3% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ’s Restaurants.

Currently, the analyst consensus on Chipotle is a Strong Buy with an average price target of $1829.96, a 22.0% upside from current levels. In a report issued on September 22, Stephens also initiated coverage with a Buy rating on the stock with a $1900.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Resources Connection (RGP)

Robert W. Baird analyst Mark Marcon maintained a Hold rating on Resources Connection on October 6 and set a price target of $22.00. The company’s shares closed last Wednesday at $17.07.

According to TipRanks.com, Marcon is a 5-star analyst with an average return of 14.0% and a 55.1% success rate. Marcon covers the Technology sector, focusing on stocks such as Automatic Data Processing, Ceridian HCM Holding, and Sterling Check.

Currently, the analyst consensus on Resources Connection is a Moderate Sell with an average price target of $20.50.

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