share_log

Baird Maintains Aramark(ARMK.US) With Hold Rating, Raises Target Price to $44

Moomoo News ·  Nov 12 20:31  · Ratings

Baird analyst Andrew Wittmann maintains $Aramark (ARMK.US)$ with a hold rating, and adjusts the target price from $38 to $44.

According to TipRanks data, the analyst has a success rate of 69.2% and a total average return of 15.8% over the past year.

AnalystRecentRatingAutoNews_205510_20241112_43eefb16048c07d017d4dba0eda33f6d725976f0_1731414611288910_mm_en

Furthermore, according to the comprehensive report, the opinions of $Aramark (ARMK.US)$'s main analysts recently are as follows:

  • The firm adjusted its future adjusted AOI estimates upward by 1.5% for FY25 and 3% for FY26 following Aramark's report of modest Q4 organic growth. The company's AOI and EPS for the quarter were approximately as anticipated, and the projection for FY25 aligned with current expectations.

  • The firm noted that Aramark's Q4 outcomes were broadly in line with expectations across its operations, with the anticipated deceleration in organic revenue growth and stable AOI margins that were anticipated.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment