Carriage Services found using ticker (CSV) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 76 and 64 calculating the average target price we see 68.33. With the stocks previous close at 39.57 this would imply there is a potential upside of 72.7%. The 50 day moving average now sits at 44.69 and the 200 day MA is 49.52. The market cap for the company is $556m. Visit the company website at: https://www.carriageservices.com
The potential market cap would be $960m 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 burial and cremation services, and related merchandise, such as caskets and urns. 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, monuments, and floral placements; and interments, inurnments, and installation of cemetery merchandise services. As of December 31, 2021, it operated 170 funeral homes in 26 states and 31 cemeteries in 11 states. Carriage Services was founded in 1991 and is based in Houston, Texas.
