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Credit Suisse Stick to Their Buy Rating for Service Corporation International

Published 07/31/2021, 05:04 AM
Updated 07/31/2021, 05:04 AM


Credit Suisse (SIX:CSGN) analyst Credit Suisse maintained a Buy rating on Service Corporation International on Friday, setting a price target of $74, which is approximately 18.42% above the present share price of $62.49.

expects Service Corporation International to post earnings per share (EPS) of $1.35 for the third quarter of 2021.

The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Service International (NYSE:SCI), with an average price target of $66.
The analysts price targets range from a high of $74 to a low of $59.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.08 billion and a net profit of $340.77 million. The company's market cap is $10.51 billion.

According to TipRanks.com, Credit Suisse analyst Credit Suisse is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 61.83% success rate.

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery business segments. The Funeral segment offers professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, cremations, memorialization, and catering. The Cemetery segment provides cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options. The company was founded by Robert L. Waltrip in July 1962 and is headquartered in Houston, TX.

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