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Analysts Offer Insights on Consumer Cyclical Companies: Etsy (ETSY), Texas Roadhouse (TXRH) and CarGurus (CARG)

Tipranks - Sat Feb 21, 5:56AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Etsy (ETSYResearch Report), Texas Roadhouse (TXRHResearch Report) and CarGurus (CARGResearch Report).

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Etsy (ETSY)

In a report released yesterday, Mike McGovern from Bank of America Securities reiterated a Hold rating on Etsy, with a price target of $65.00. The company’s shares closed last Thursday at $48.14, close to its 52-week low of $43.43.

According to TipRanks.com, McGovern is a 3-star analyst with an average return of 3.6% and a 43.1% success rate. McGovern covers the NA sector, focusing on stocks such as Carvana Co, OPENLANE, and Wayfair. ;'>

Currently, the analyst consensus on Etsy is a Hold with an average price target of $60.71, which is a 25.0% upside from current levels. In a report issued on February 4, Barclays also maintained a Hold rating on the stock with a $62.00 price target.

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Texas Roadhouse (TXRH)

UBS analyst Dennis Geiger maintained a Buy rating on Texas Roadhouse today and set a price target of $210.00. The company’s shares closed last Thursday at $182.53.

According to TipRanks.com, Geiger is a 3-star analyst with an average return of 3.0% and a 56.4% success rate. Geiger covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Dine Brands Global. ;'>

Currently, the analyst consensus on Texas Roadhouse is a Moderate Buy with an average price target of $192.93, which is a 4.8% upside from current levels. In a report issued on February 12, Mizuho Securities also maintained a Buy rating on the stock with a $200.00 price target.

CarGurus (CARG)

In a report released today, Chris Pierce from Needham reiterated a Buy rating on CarGurus, with a price target of $37.00. The company’s shares closed last Thursday at $29.20.

According to TipRanks.com, Pierce has 0 stars on 0-5 stars ranking scale with an average return of -6.3% and a 35.9% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and Sonic Automotive. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CarGurus with a $39.00 average price target, implying a 39.1% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $37.00 price target.

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