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Analysts Are Bullish on Top Consumer Cyclical Stocks: Inspired Entertainment (INSE), Amcor (AMCR)

Tipranks - Tipranks - Tue May 12, 1:16PM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Inspired Entertainment (INSE) and Amcor (AMCR) with bullish sentiments.

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Inspired Entertainment (INSE)

In a report released today, Hamed Khorsand from BWS Financial maintained a Buy rating on Inspired Entertainment, with a price target of $20.00. The company’s shares closed last Monday at $7.80, close to its 52-week low of $7.51.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 20.4% and a 62.0% success rate. Khorsand covers the Technology sector, focusing on stocks such as Ubiquiti Networks, A10 Networks, and Xperi Inc. ;'>

Inspired Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $16.00, representing a 101.0% upside. In a report issued on May 8, Truist Financial also maintained a Buy rating on the stock with a $12.00 price target.

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Amcor (AMCR)

In a report released yesterday, George Staphos from Bank of America Securities maintained a Buy rating on Amcor, with a price target of $48.00. The company’s shares closed last Monday at $40.27.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 3.1% and a 47.5% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Karat Packaging Inc. ;'>

Amcor has an analyst consensus of Moderate Buy, with a price target consensus of $48.33, which is a 20.6% upside from current levels. In a report issued on May 9, TipRanks – PerPlexity also upgraded the stock to Buy with a $45.00 price target.

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