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Morgan Stanley Maintains Aramark(ARMK.US) With Hold Rating, Raises Target Price to $40

Futu News ·  Nov 12 19:36  · Ratings

Morgan Stanley analyst Toni Kaplan maintains $Aramark (ARMK.US)$ with a hold rating, and adjusts the target price from $38 to $40.

According to TipRanks data, the analyst has a success rate of 58.8% and a total average return of 3.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Aramark (ARMK.US)$'s main analysts recently are as follows:

  • The firm has adjusted their forecasts for the company's adjusted AOI estimates for FY25 and FY26 upward by 1.5% and 3%, respectively, following the company's report of modest Q4 organic growth. The reported AOI and EPS were roughly as anticipated, and the company's projections for FY25 met expectations.

  • The firm noted that Aramark's Q4 results were generally in line with expectations across its operations, with the anticipated deceleration in organic revenue growth accompanied by solid and anticipated AOI margins.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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