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Analysts Offer Insights on Consumer Cyclical Companies: Boot Barn (BOOT) and Birkenstock Holding plc (BIRK)

Tipranks - Wed May 27, 8:12AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boot Barn (BOOT) and Birkenstock Holding plc (BIRK) with bullish sentiments.

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Boot Barn (BOOT)

J.P. Morgan analyst Matthew Boss maintained a Buy rating on Boot Barn today and set a price target of $282.00. The company’s shares closed last Friday at $154.65.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 6.1% and a 52.1% success rate. Boss covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Lucky Strike Entertainment, and Savers Value Village Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boot Barn with a $228.00 average price target, which is a 47.2% upside from current levels. In a report issued on May 15, TipRanks – xAI also upgraded the stock to Buy with a $162.00 price target.

See today’s best-performing stocks on TipRanks >>

Birkenstock Holding plc (BIRK)

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Birkenstock Holding plc today and set a price target of $45.00. The company’s shares closed last Friday at $41.38, close to its 52-week low of $41.00.

According to TipRanks.com, Telsey is a 1-star analyst with an average return of -0.5% and a 40.7% success rate. Telsey covers the NA sector, focusing on stocks such as Brilliant Earth Group, Wolverine World Wide, and G-III Apparel Group. ;'>

Birkenstock Holding plc has an analyst consensus of Strong Buy, with a price target consensus of $50.88, which is a 28.3% upside from current levels. In a report issued on May 13, TipRanks – xAI also upgraded the stock to Buy with a $42.00 price target.

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