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Analysts Are Neutral on Top Consumer Cyclical Stocks: Maplebear (CART), BJ’s Restaurants (BJRI)

Tipranks - Fri May 8, 6:04AM CDT

Analysts fell to the sidelines weighing in on Maplebear (CART), BJ’s Restaurants (BJRI) and Bloomin’ Brands (BLMN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Maplebear (CART)

Piper Sandler analyst Thomas Champion reiterated a Hold rating on Maplebear today and set a price target of $43.00. The company’s shares closed last Wednesday at $40.16.

According to TipRanks.com, Champion is a 4-star analyst with an average return of 6.7% and a 51.5% success rate. Champion covers the NA sector, focusing on stocks such as Zillow Group Class A, IAC/InteractiveCorp., and Reddit Inc Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $50.17 average price target, implying a 16.9% upside from current levels. In a report issued on April 23, TipRanks – xAI also downgraded the stock to Hold with a $47.00 price target.

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BJ’s Restaurants (BJRI)

Piper Sandler analyst Brian Mullan reiterated a Hold rating on BJ’s Restaurants today and set a price target of $43.00. The company’s shares closed last Wednesday at $40.05, close to its 52-week high of $41.72.

According to TipRanks.com, Mullan is a 5-star analyst with an average return of 11.5% and a 61.2% success rate. Mullan covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and CAVA Group, Inc. ;'>

Currently, the analyst consensus on BJ’s Restaurants is a Hold with an average price target of $43.00, which is a 17.0% upside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock with a $38.00 price target.

Bloomin’ Brands (BLMN)

In a report released today, Christine Cho from Goldman Sachs maintained a Hold rating on Bloomin’ Brands, with a price target of $8.50. The company’s shares closed last Wednesday at $8.12, close to its 52-week low of $7.37.

According to TipRanks.com, Cho is a 3-star analyst with an average return of 2.1% and a 58.1% success rate. Cho covers the NA sector, focusing on stocks such as Darden Restaurants, Dutch Bros Inc, and Domino’s Pizza. ;'>

Bloomin’ Brands has an analyst consensus of Hold, with a price target consensus of $8.17, implying a 15.7% upside from current levels. In a report issued on April 22, TipRanks – Anthropic also upgraded the stock to Hold with a $6.50 price target.

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