Service Corporation International (NYSE:SCI): 3 Analyst have given the stock of Service Corporation International (NYSE:SCI) a near short term price target of $31.33. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $2.08. The higher price target estimate is at $33 while the lower price estimates are fixed at $29.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Credit Suisse upgrades the rating on Service Corporation International (NYSE:SCI). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Neutral. The Analysts at the ratings agency raises the price target from $25 per share to $32 per share. The rating by the firm was issued on April 28, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Tidwell Steven A, officer (Sr.V.P. Sales & Merchandising) of Service Corporation International, unloaded 69,100 shares at an average price of $27.2 on June 9, 2016. The total amount of the transaction was worth $1,879,520, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Service Corporation International (NYSE:SCI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.24 points or 0.9% at $26.38 with 1,205,506 shares getting traded. Post opening the session at $26.43, the shares hit an intraday low of $26.28 and an intraday high of $26.55 and the price was in this range throughout the day. The company has a market cap of $5,111 million and the number of outstanding shares have been calculated to be 193,728,520 shares. The 52-week high of Service Corporation International (NYSE:SCI) is $32.02 and the 52-week low is $20.2057.
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.