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Analysts Are Bullish on These Consumer Cyclical Stocks: Best Buy Co (BBY), Sportsman’s Warehouse (SPWH)

Tipranks - Thu Mar 5, 9:42AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Best Buy Co (BBYResearch Report) and Sportsman’s Warehouse (SPWHResearch Report) with bullish sentiments.

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Best Buy Co (BBY)

In a report released today, Michael Baker from D.A. Davidson maintained a Buy rating on Best Buy Co. The company’s shares closed last Wednesday at $67.72.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 6.9% and a 56.5% success rate. Baker covers the NA sector, focusing on stocks such as Jerash Holdings (US), The Lovesac Company, and Advance Auto Parts. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Best Buy Co with a $74.79 average price target, implying a 12.8% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $68.00 price target.

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Sportsman’s Warehouse (SPWH)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on Sportsman’s Warehouse. The company’s shares closed last Wednesday at $1.41, close to its 52-week low of $0.92.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 6.2% and a 40.2% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Jumia Technologies AG, and Full House Resorts. ;'>

Sportsman’s Warehouse has an analyst consensus of Strong Buy, with a price target consensus of $2.94, a 98.6% upside from current levels. In a report released today, Roth MKM also maintained a Buy rating on the stock with a $2.25 price target.

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