Service Corporation International (SCI) : 2 brokerage houses believe that Service Corporation International (SCI) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Service Corporation International (SCI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.
Service Corporation International (SCI) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $33 and the lowest price target forecast is $32. The average forecast of all the analysts is $32.33 and the expected standard deviation is $0.58.
For the current week, the company shares have a recommendation consensus of Buy. Service Corporation International (NYSE:SCI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.77 and $26.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.90, notching a gain of 0.94% for the day. The total traded volume was 1,037,295 . The stock had closed at $26.65 on the previous day.
In a related news,The director of Service Corporation International, Williams Edward E sold 10,000 shares at $27.17 on August 1, 2016. The Insider selling transaction had a total value worth of $271,700. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria and related businesses. The Companys segments include Funeral and Cemetery. The Companys brands include Dignity Memorial, Dignity Planning, National Cremation Society, Advantage, Funeraria Del Angel, Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles and preparation and embalming services.