Carriage Services with ticker code (CSV) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 77 and 60 with a mean TP of 69.25. With the stocks previous close at 52.08 this now indicates there is a potential upside of 33.0%. The 50 day moving average now sits at 56.43 and the 200 moving average now moves to 44.4. The market capitalisation for the company is $880m. Find out more information at: https://www.carriageservices.com
The potential market cap would be $1,170m based on the market concensus.
Carriage Services provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment engages in the provision of consultation, funeral home facilities for visitation and memorial services, and transportation services; removal and preparation of remains; and sale of caskets and related funeral merchandise. The Cemetery Operations segment provides interment rights for grave sites, lawn crypts, mausoleum spaces, and niche; related cemetery merchandise, including outer burial containers, memorial markers, and floral placements; and interments, inurnments, and installation of cemetery merchandise services. As of December 31, 2020, it operated 178 funeral homes in 26 states, and 32 cemeteries in 12 states. Carriage Services was founded in 1991 and is based in Houston, Texas.
