Citi resumed coverage of Aramark (ARMK) with a Buy rating and $48 price target In leisure, the firm believes market leaders can continue to enhance their competitive advantage with multi-year double-digit earnings growth potential. It sees “highly favorable fragmented market structures” enabling technology deployment at scale as well as attractive pricing dynamics in hotels and caterers. Citi’s overall top pick is Whitbread and in the contract catering subsector the analyst prefers Sodexo.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARMK:
- ARAMARK Holdings: Slower Q1 Growth but Steady Guidance and Fair Valuation Support Hold Rating
- Aramark Holdings Corp. Reports Robust Q1 Earnings
- Aramark’s Earnings Call Highlights Record Growth and Strategic Moves
- Aramark sees FY25 adjusted EPS growth 23%-28% from $1.55 in FY24
- Aramark reports Q4 adjusted EPS 51c, consensus 49c
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue