Services Sector Stocks Upgraded: Heartland Payment Systems (NYSE:HPY), Hyatt Hotels Corporation (NYSE:H), Globus Maritime (NASDAQ:GLBS), bebe stores (NASDAQ:BEBE)

Posted by on Apr 15, 2014

Stifel Nicolaus upgraded Heartland Payment Systems (NYSE:HPY) to “hold” from “sell.” The firm believes the stock is attractive following a sharp sell-off. The stock was up 5.12% to $39.41. Heartland Payment Systems, Inc. (NYSE:HPY) shares after opening at $38.50 moved to $40.16 on last trade day and at the end of the day closed at $39.88. Company price to sales ratio in past twelve months was calculated as 0.68 and price to cash ratio as 19.19. Heartland Payment Systems, Inc. (NYSE:HPY) showed a positive weekly performance of 2.13%.

Hyatt Hotels (NYSE:H) has been upgraded to “outperform” from “market perform,” FBR Capital Markets said Monday. The action was a valuation call based on a $62 price target. Hyatt Hotels Corporation (NYSE:H) shares advanced 2.29% in last trading session and ended the day on $53.25. H return on equity ratio is recorded as 4.40% and its return on assets is 2.60%. Hyatt Hotels Corporation (NYSE:H) yearly performance is 29.25%.

In a report published Monday, Wunderlich Securities analyst Nicholas J. Bender upgraded the rating on Globus Maritime Ltd. (NASDAQ: GLBS) from Hold to Buy, and raised the price target from $4.00 to $5.00. Globus Maritime Ltd (NASDAQ:GLBS) shares moved up 0.27% in last trading session and was closed at $3.65, while trading in range of $3.55 – $4.02. Globus Maritime Ltd (NASDAQ:GLBS) year to date (YTD) performance is -7.83%.

bebe Stores (NASDAQ:BEBE) was upgraded by analysts at Janney Montgomery Scott from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $7.50 target price on the stock, up from their previous target price of $5.50. Janney Montgomery Scott’s price objective suggests a potential upside of 29.09% from the stock’s previous close. bebe stores, Inc. (NASDAQ:BEBE) weekly performance is 15.54%. On last trading day company shares ended up $6.69. bebe stores, Inc. (NASDAQ:BEBE) distance from 50-day simple moving average (SMA50) is 12.01%. Analysts mean target price for the company is $6.80.

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