Short Term Rating on Aramark (ARMK)

Aramark (ARMK) : Zacks Investment Research ranks Aramark (ARMK) as 4, which is a Sell recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.22, which indicates as a Strong Buy.

Aramark (ARMK) : The most positive equity analysts on Aramark (ARMK) expects the shares to touch $39, whereas, the least positive believes that the stock will trade at $37 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $37.71 with an expected fluctuation of $0.95 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Aramark (NYSE:ARMK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.71 and $34.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.90, notching a gain of 0.95% for the day. The total traded volume was 1,479,009 . The stock had closed at $34.57 on the previous day.

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.

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