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Wall Street Analysts Are Neutral on Top Consumer Cyclical Picks

Tipranks - Wed Jul 22, 3:50AM CDT

Analysts fell to the sidelines weighing in on Carnival (CCL), Yum! Brands (YUM) and Ross Stores (ROST) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Carnival (CCL)

Bernstein analyst Richard Clarke maintained a Hold rating on Carnival yesterday and set a price target of $28.70. The company’s shares closed last Monday at $26.04.

According to TipRanks.com, Clarke is a 4-star analyst with an average return of 6.1% and a 60.2% success rate. Clarke covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Norwegian Cruise Line. ;'>

Currently, the analyst consensus on Carnival is a Strong Buy with an average price target of $33.69, implying a 26.6% upside from current levels. In a report issued on July 8, BMO Capital also initiated coverage with a Hold rating on the stock with a $30.00 price target.

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Yum! Brands (YUM)

Bernstein analyst Danilo Gargiulo maintained a Hold rating on Yum! Brands yesterday and set a price target of $170.00. The company’s shares closed last Monday at $147.37.

According to TipRanks.com, Gargiulo is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 43.1% success rate. Gargiulo covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yum! Brands with a $177.43 average price target, a 19.1% upside from current levels. In a report issued on July 6, RBC Capital also maintained a Hold rating on the stock with a $165.00 price target.

Ross Stores (ROST)

In a report released yesterday, Aneesha Sherman from Bernstein maintained a Hold rating on Ross Stores, with a price target of $230.00. The company’s shares closed last Monday at $235.78.

According to TipRanks.com, Sherman is a 4-star analyst with an average return of 4.6% and a 51.9% success rate. Sherman covers the NA sector, focusing on stocks such as Lululemon Athletica, Peloton Interactive, and Burlington Stores. ;'>

Currently, the analyst consensus on Ross Stores is a Moderate Buy with an average price target of $259.08.

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