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Analysts Offer Insights on Consumer Cyclical Companies: Amcor (AMCR), Madison Square Garden Entertainment Corp. (MSGE) and Holley (HLLY)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Amcor (AMCRResearch Report), Madison Square Garden Entertainment Corp. (MSGEResearch Report) and Holley (HLLYResearch Report).

Amcor (AMCR)

In a report issued on February 7, Anthony Longo from J.P. Morgan maintained a Buy rating on Amcor, with a price target of $9.90. The company’s shares closed last Friday at $9.10.

According to TipRanks.com, Longo is a 3-star analyst with an average return of 0.8% and a 54.1% success rate. Longo covers the Industrial Goods sector, focusing on stocks such as Qantas Airways Limited, Transurban Group Ltd., and Brambles Limited.

Currently, the analyst consensus on Amcor is a Hold with an average price target of $9.98.

See the top stocks recommended by analysts >>

Madison Square Garden Entertainment Corp. (MSGE)

J.P. Morgan analyst David Karnovsky maintained a Hold rating on Madison Square Garden Entertainment Corp. on February 9 and set a price target of $38.00. The company’s shares closed last Friday at $36.81.

According to TipRanks.com, Karnovsky is a 4-star analyst with an average return of 10.5% and a 64.9% success rate. Karnovsky covers the NA sector, focusing on stocks such as Interpublic Group of Companies, Sphere Entertainment, and TKO Group Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Madison Square Garden Entertainment Corp. with a $41.50 average price target, a 12.6% upside from current levels. In a report issued on February 8, Morgan Stanley also maintained a Hold rating on the stock with a $42.00 price target.

Holley (HLLY)

Benchmark Co. analyst John Lawrence maintained a Buy rating on Holley today and set a price target of $12.00. The company’s shares closed last Friday at $4.98.

According to TipRanks.com, Lawrence is a 4-star analyst with an average return of 12.6% and a 73.1% success rate. Lawrence covers the NA sector, focusing on stocks such as Driven Brands Holdings, Casey’s General, and Hibbett Sports.

Holley has an analyst consensus of Strong Buy, with a price target consensus of $8.75.

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