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Analysts Offer Insights on Consumer Cyclical Companies: Home Depot (HD) and Aptiv (APTV)

Tipranks - Tue Apr 14, 8:42AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Home Depot (HD) and Aptiv (APTV) with bullish sentiments.

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Home Depot (HD)

Guggenheim analyst Steven Forbes reiterated a Buy rating on Home Depot yesterday and set a price target of $425.00. The company’s shares closed last Monday at $334.94, close to its 52-week low of $323.77.

According to TipRanks.com, Forbes is a 4-star analyst with an average return of 8.4% and a 50.6% success rate. Forbes covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Dick’s Sporting Goods, and SharkNinja, Inc. ;'>

Home Depot has an analyst consensus of Strong Buy, with a price target consensus of $425.06, which is a 26.0% upside from current levels. In a report issued on March 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $355.00 price target.

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Aptiv (APTV)

In a report released today, Colin Rusch from Oppenheimer maintained a Buy rating on Aptiv, with a price target of $84.00. The company’s shares closed last Monday at $58.93.

According to TipRanks.com, Rusch is a 5-star analyst with an average return of 38.4% and a 45.0% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as American Superconductor, Serve Robotics Inc, and GE Vernova Inc. ;'>

Aptiv has an analyst consensus of Strong Buy, with a price target consensus of $87.12, implying a 46.1% upside from current levels. In a report issued on April 2, TD Cowen also maintained a Buy rating on the stock with a $93.00 price target.

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