On Nov 13, major Wall Street analysts update their ratings for $Aramark (ARMK.US)$, with price targets ranging from $40 to $46.
Morgan Stanley analyst Toni Kaplan maintains with a hold rating, and adjusts the target price from $38 to $40.
J.P. Morgan analyst Andrew Steinerman maintains with a buy rating, and adjusts the target price from $41 to $45.
UBS analyst Joshua Chan maintains with a buy rating, and adjusts the target price from $44 to $46.
Jefferies analyst Stephanie Moore maintains with a buy rating, and maintains the target price at $45.
Stifel analyst Shlomo Rosenbaum maintains with a buy rating, and adjusts the target price from $43 to $45.
Furthermore, according to the comprehensive report, the opinions of $Aramark (ARMK.US)$'s main analysts recently are as follows:
The firm has adjusted its future adjusted AOI estimates upwards by 1.5% for FY25 and 3% for FY26 in response to Aramark's reported Q4 organic growth, which was modest. The company's reported AOI and EPS were roughly in line with projections, and their outlook for FY25 met expectations.
Aramark's recent quarter was described as having a mixed performance. The company experienced some notable contract terminations and intentionally stepped away from contracts with lower margins, along with a few significant deals being postponed to the next quarter, leading to revenues for the fourth quarter and forward-looking guidance that didn't meet expectations. Nevertheless, these incidents are regarded as occasional, rather than indicative of a shift in the company's overall direction. The company's narrative remains favorable in the eyes of the analyst.
The firm stated that Q4 results aligned with expectations across the business, noting that organic revenue growth slowed as anticipated alongside solid and predicted AOI margins.
Here are the latest investment ratings and price targets for $Aramark (ARMK.US)$ from 6 analysts:
Note:
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