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Analysts Are Bullish on Top Consumer Cyclical Stocks: Wendy’s (WEN), Hyatt Hotels (H)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Wendy’s (WENResearch Report), Hyatt Hotels (HResearch Report) and Silgan Holdings (SLGNResearch Report) with bullish sentiments.

Wendy’s (WEN)

In a report released yesterday, Jake Bartlett from Truist Financial maintained a Buy rating on Wendy’s, with a price target of $22.00. The company’s shares closed last Tuesday at $19.77.

According to TipRanks.com, Bartlett is a top 100 analyst with an average return of 17.2% and a 63.9% success rate. Bartlett covers the NA sector, focusing on stocks such as Restaurant Brands International, Karat Packaging Inc, and Dine Brands Global.

The word on The Street in general, suggests a Hold analyst consensus rating for Wendy’s with a $20.73 average price target.

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Hyatt Hotels (H)

In a report released yesterday, Patrick Scholes from Truist Financial maintained a Buy rating on Hyatt Hotels, with a price target of $158.00. The company’s shares closed last Tuesday at $143.10.

According to TipRanks.com, Scholes is a 4-star analyst with an average return of 8.3% and a 55.3% success rate. Scholes covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels with a $156.74 average price target, a 9.7% upside from current levels. In a report issued on October 21, Bank of America Securities also maintained a Buy rating on the stock.

Silgan Holdings (SLGN)

In a report released yesterday, Michael Roxland from Truist Financial maintained a Buy rating on Silgan Holdings, with a price target of $63.00. The company’s shares closed last Tuesday at $53.09, close to its 52-week high of $53.72.

According to TipRanks.com, Roxland is a 4-star analyst with an average return of 10.9% and a 64.8% success rate. Roxland covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and Berry Global Group.

Currently, the analyst consensus on Silgan Holdings is a Strong Buy with an average price target of $62.25, a 17.5% upside from current levels. In a report issued on October 31, Loop Capital Markets also maintained a Buy rating on the stock with a $70.00 price target.

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Analysts Offer Insights on Consumer Cyclical Companies: Cavco Industries (CVCO), Wendy’s (WEN) and Wayfair (W)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Cavco Industries (CVCOResearch Report), Wendy’s (WENResearch Report) and Wayfair (WResearch Report).

Cavco Industries (CVCO)

Wedbush analyst Jay McCanless maintained a Buy rating on Cavco Industries yesterday and set a price target of $455.00. The company’s shares closed last Friday at $446.72, close to its 52-week high of $452.42.

According to TipRanks.com, McCanless is a 5-star analyst with an average return of 21.1% and a 69.7% success rate. McCanless covers the NA sector, focusing on stocks such as Virco Manufacturing, Century Communities, and Skyline Champion.

Currently, the analyst consensus on Cavco Industries is a Moderate Buy with an average price target of $455.00, a 2.9% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.

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Wendy’s (WEN)

Wedbush analyst Nick Setyan maintained a Hold rating on Wendy’s yesterday and set a price target of $20.00. The company’s shares closed last Friday at $19.66.

According to TipRanks.com, Setyan is a 5-star analyst with an average return of 9.5% and a 52.3% success rate. Setyan covers the NA sector, focusing on stocks such as Papa John’s International, The ONE Group Hospitality, and Brinker International.

Currently, the analyst consensus on Wendy’s is a Hold with an average price target of $20.19, which is a 4.2% upside from current levels. In a report issued on October 17, Barclays also maintained a Hold rating on the stock with a $18.00 price target.

Wayfair (W)

In a report released yesterday, John Blackledge from TD Cowen maintained a Hold rating on Wayfair, with a price target of $44.00. The company’s shares closed last Friday at $40.15, close to its 52-week low of $38.02.

According to TipRanks.com, Blackledge is a 5-star analyst with an average return of 11.1% and a 57.1% success rate. Blackledge covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Alphabet Class C, and Meta Platforms.

Currently, the analyst consensus on Wayfair is a Moderate Buy with an average price target of $63.00, representing a 49.0% upside. In a report issued on October 29, RBC Capital also maintained a Hold rating on the stock with a $53.00 price target.

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Analysts’ Top Consumer Cyclical Picks: Wendy’s (WEN), Amazon (AMZN)

Analysts fell to the sidelines weighing in on Wendy’s (WENResearch Report) and Amazon (AMZNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Wendy’s (WEN)

In a report released today, Brian Harbour from Morgan Stanley maintained a Hold rating on Wendy’s, with a price target of $22.00. The company’s shares closed last Thursday at $19.11.

According to TipRanks.com, Harbour is a 2-star analyst with an average return of -0.5% and a 51.5% success rate. Harbour covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Darden Restaurants.

The word on The Street in general, suggests a Hold analyst consensus rating for Wendy’s with a $20.19 average price target, a 0.0% upside from current levels. In a report issued on October 17, Barclays also maintained a Hold rating on the stock with a $18.00 price target.

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Amazon (AMZN)

Wells Fargo analyst Ken Gawrelski maintained a Hold rating on Amazon today and set a price target of $197.00. The company’s shares closed last Thursday at $186.40.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 11.2% and a 64.7% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Match Group.

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $232.79.

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