Aramark (NYSE:ARMK) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.22 by 9 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Nomura initiates coverage on Aramark (NYSE:ARMK) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $39 per share. The rating by the firm was issued on April 19, 2016.
Aramark (NYSE:ARMK): 7 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $37.71 in Aramark (NYSE:ARMK). However, the stock price could fluctuate by $ 0.95 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $39 price target with the lower price estimate is calculated at $37
Aramark (NYSE:ARMK) rose 0.18% or 0.06 points on Tuesday and made its way into the gainers of the day. After trading began at $33.56 the stock was seen hitting $33.61 as a peak level and $33.28 as the lowest level. The stock ended up at $33.45. The daily volume was measured at 1,098,199 shares. The 52-week high of the share price is $35.06 and the 52-week low is $28.09. The company has a market cap of $8,123 million.
Aramark has dropped 0.39% in the last five trading days, however, the shares have posted positive gains of 3.53% in the last 4 weeks. Aramark is up 2.74% in the last 3-month period. Year-to-Date the stock performance stands at 4.34%.
Aramark, formerly ARAMARK Holdings Corporation, is a global provider of food, facilities and uniform services to education, healthcare, business and industry and sports, leisure and corrections clients. The Companys core market is North America. It serves students, patients, employees, sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges, universities, and K-12 schools, services over 2,000 healthcare facilities, caters to approximately 100 million sports fans, and operates in 22 countries in North America, Europe, Asia and South America, as of September 28, 2012. It operates in three reportable segments: food and Support Services North America, or FSS North America, Food and Support Services International, or FSS International, and Uniform and Career Apparel, or Uniform.