A report released today by Zacks Investment Research about Aramark (NYSE:ARMK) raises the target price to $43.00
- Updated: October 4, 2016
In a report announced on 10/4/2016 Zacks Investment Research upped the price target of Aramark (NYSE:ARMK) to $43.00 reporting a possible upside of 0.14%.
Previously on Friday August 26, 2016, Macquarie Research released a statement for Aramark (NYSE:ARMK) bumped up the target price from $0.00 to $44.00. At the time, this indicated a possible upside of 0.17%.
Just yesterday Aramark (NYSE:ARMK) traded -1.05% lower at $37.56. The company’s 50-day moving average is $37.57 and its 200-day moving average is $34.84. The last stock close price is up 7.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,507,964 shares of Aramark traded, down from an avg. volume of 1,576,810
With a total market value of $0, Aramark has PE ratio of 35.77 with a one year low of $29.18 and a 52 week high of $38.30 .
Also covering Aramark's price target, a total of 12 brokers have issued a report on the company. The average stock price target is $37.59 with four analysts rating the company a strong buy, five brokerages rating the stock a buy, 2 firms rating the stock a hold, 0 brokers rating the stock a underperform, and lastly 0 firms rating the stock a sell.
More About Aramark (NYSE:ARMK)
Aramark provides food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International) and Uniform and Career Apparel (Uniform). Its FSS North America segment and FSS International segment provides food, refreshment, specialized dietary and supports services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities serving the public in the United States and Canada. Its Uniform segment provides rental, sale, cleaning, maintenance and delivery of personalized uniforms and other textile items on a contract basis and direct marketing of personalized uniforms and accessories to clients in a range of industries in the United States, Puerto Rico, Japan and Canada.
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