Breaking Finance News

BidaskClub downgraded Aramark (NYSE:ARMK) to Buy in a report released today.

BidaskClub has downgraded Aramark (NYSE:ARMK) to Buy in a report released on Friday July 07, 2017.

Just yesterday Aramark (NYSE:ARMK) traded 0.00% even at $40.24. Aramark’s 50-day moving average is $40.33 and its 200-day moving average is $37.63. The last stock price is up 4.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 1,058,792 shares of ARMK traded hands, down from an average trading volume of 1,291,490

Recent Performance Chart

Aramark (NYSE:ARMK)

Aramark has 52 week low of $32.73 and a 52 week high of $41.72 with a PE ratio of 28.51 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $37.59 with 4 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Aramark (NYSE:ARMK)

Aramark is a global provider of 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). FSS North America and FSS International segments include food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities. The Uniform segment includes rental, sale, cleaning, maintenance and delivery of personalized uniforms and other textile items to clients in a range of industries in the United States, Puerto Rico, Japan and Canada, including manufacturing, transportation, construction, restaurants and hotels, healthcare and pharmaceutical industries.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.