Aramark (NYSE:ARMK) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Zacks Investment Research has downgraded Aramark (NYSE:ARMK) to Sell in a statement released on 10/17/2016.
Having a price of $37.05, Aramark (NYSE:ARMK) traded -0.27% lower on the day. With the last close up 5.16% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ARMK has recorded a 50-day average of $37.49 and a two hundred day average of $35.14. Trade Volume was down over the average, with 1,167,146 shares of ARMK changing hands under the typical 1,519,750
Recent Performance Chart
Aramark has PE ratio of 35.19 with a one year low of $29.18 and a one year high of $38.30 and has a market capitalization of $0.
A total of 12 analysts have released a report on Aramark. Four analysts rating the company a strong buy, five analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $37.59.
General Company Details For 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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