Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Cracker Barrel (CBRL – Research Report), Home Depot (HD – Research Report) and International Paper Co (IP – Research Report).
Cracker Barrel (CBRL)
In a report released today, Jake Bartlett from Truist Financial maintained a Hold rating on Cracker Barrel. The company’s shares closed last Tuesday at $60.09, close to its 52-week low of $56.79.
According to TipRanks.com, Bartlett is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Cracker Barrel with a $74.17 average price target.
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Home Depot (HD)
Truist Financial analyst Scot Ciccarelli assigned a Buy rating to Home Depot today. The company’s shares closed last Tuesday at $334.83.
According to TipRanks.com, Ciccarelli is a top 25 analyst with an average return of
Currently, the analyst consensus on Home Depot is a Moderate Buy with an average price target of $385.71, representing a 14.5% upside. In a report issued on April 2, Evercore ISI also maintained a Buy rating on the stock with a $425.00 price target.
International Paper Co (IP)
Truist Financial analyst Michael Roxland maintained a Buy rating on International Paper Co today. The company’s shares closed last Tuesday at $35.91.
According to TipRanks.com, Roxland is a 4-star analyst with an average return of
International Paper Co has an analyst consensus of Moderate Buy, with a price target consensus of $42.80, a 15.6% upside from current levels. In a report issued on April 15, Leerink Partners also reiterated a Buy rating on the stock.
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Read More on CBRL:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of April 8, 2024
- Cracker Barrel’s recent weakness presents buying opportunity, says Argus
- Cracker Barrel price target lowered to $70 from $75 at Piper Sandler
- Cracker Barrel price target lowered to $75 from $82 at UBS
- Cracker Barrel price target raised to $61 from $60 at Citi