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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Thu Jul 16, 7:34AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Carnival (CCL) and Rollins (ROL) with bullish sentiments.

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Carnival (CCL)

Bank of America Securities analyst Andrew Didora reiterated a Buy rating on Carnival today and set a price target of $42.00. The company’s shares closed last Tuesday at $26.50, close to its 52-week high of $28.72.

According to TipRanks.com, Didora is a 3-star analyst with an average return of 1.7% and a 54.5% success rate. Didora covers the NA sector, focusing on stocks such as Camping World Holdings, Norwegian Cruise Line, and Fox Factory Holding. ;'>

Carnival has an analyst consensus of Strong Buy, with a price target consensus of $33.69, which is a 27.1% upside from current levels. In a report issued on June 30, Tigress Financial also reiterated a Buy rating on the stock with a $42.00 price target.

See the top stocks recommended by analysts >>

Rollins (ROL)

Bank of America Securities analyst Curtis Nagle reiterated a Buy rating on Rollins yesterday and set a price target of $55.00. The company’s shares closed last Tuesday at $44.29.

According to TipRanks.com, Nagle is ranked #12053 out of 12383 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rollins with a $58.77 average price target, which is a 32.7% upside from current levels. In a report issued on June 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $50.00 price target.

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