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Analysts Offer Insights on Consumer Cyclical Companies: Home Depot (HD) and American Eagle (AEO)

Tipranks - Sat May 30, 7:08AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Home Depot (HD) and American Eagle (AEO).

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Home Depot (HD)

J.P. Morgan analyst Christopher Horvers maintained a Buy rating on Home Depot today. The company’s shares closed last Thursday at $321.21.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 7.9% and a 59.1% success rate. Horvers covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Dick’s Sporting Goods. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $378.25 average price target, which is a 19.2% upside from current levels. In a report issued on May 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $343.00 price target.

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American Eagle (AEO)

In a report released today, Janine Stichter from BTIG reiterated a Hold rating on American Eagle. The company’s shares closed last Thursday at $17.92.

According to TipRanks.com, Stichter is a 4-star analyst with an average return of 5.0% and a 43.0% success rate. Stichter covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Oxford Industries. ;'>

American Eagle has an analyst consensus of Hold, with a price target consensus of $21.50, representing a 23.6% upside. In a report issued on May 18, TD Cowen also maintained a Hold rating on the stock with a $18.00 price target.

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