Analysts Are Bullish on Top Consumer Cyclical Stocks: MGM Resorts (MGM), Patrick Industries (PATK)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on MGM Resorts (MGM – Research Report), Patrick Industries (PATK – Research Report) and Avery Dennison (AVY – Research Report) with bullish sentiments.
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MGM Resorts (MGM)
In a report released today, Steven Wieczynski from Stifel Nicolaus maintained a Buy rating on MGM Resorts, with a price target of $50.00. The company’s shares closed last Thursday at $36.28.
According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of
Currently, the analyst consensus on MGM Resorts is a Hold with an average price target of $39.33.
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Patrick Industries (PATK)
In a report released today, Tristan M. Thomas-Martin from BMO Capital maintained a Buy rating on Patrick Industries, with a price target of $155.00. The company’s shares closed last Thursday at $140.60.
According to TipRanks.com, Thomas-Martin is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Patrick Industries with a $138.20 average price target, representing a 1.1% upside. In a report issued on January 22, TipRanks – Anthropic also upgraded the stock to Buy with a $141.00 price target.
Avery Dennison (AVY)
BMO Capital analyst John McNulty maintained a Buy rating on Avery Dennison yesterday and set a price target of $224.00. The company’s shares closed last Thursday at $192.88.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of
Currently, the analyst consensus on Avery Dennison is a Strong Buy with an average price target of $218.80, which is a 13.2% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $214.00 price target.
