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Analysts Offer Insights on Consumer Cyclical Companies: Chipotle (CMG), Tractor Supply (TSCO) and Ulta Beauty (ULTA)

Tipranks - Sat Apr 18, 6:32AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Chipotle (CMG), Tractor Supply (TSCO) and Ulta Beauty (ULTA) with bullish sentiments.

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Chipotle (CMG)

In a report released yesterday, Logan Reich from RBC Capital reiterated a Buy rating on Chipotle, with a price target of $45.00. The company’s shares closed last Thursday at $35.08.

According to TipRanks.com, Reich is ranked 0 out of 5 stars with an average return of -11.4% and a 40.3% success rate. Reich covers the NA sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and CAVA Group, Inc. ;'>

Currently, the analyst consensus on Chipotle is a Strong Buy with an average price target of $44.63, which is a 25.4% upside from current levels. In a report issued on April 2, Mizuho Securities also maintained a Buy rating on the stock with a $40.00 price target.

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Tractor Supply (TSCO)

In a report released today, Peter Keith from Piper Sandler maintained a Buy rating on Tractor Supply, with a price target of $59.00. The company’s shares closed last Thursday at $44.63.

According to TipRanks.com, Keith is a 4-star analyst with an average return of 8.3% and a 48.1% success rate. Keith covers the NA sector, focusing on stocks such as Savers Value Village Inc., Somnigroup International, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tractor Supply with a $56.39 average price target, a 26.0% upside from current levels. In a report issued on April 15, Telsey Advisory also maintained a Buy rating on the stock with a $63.00 price target.

Ulta Beauty (ULTA)

In a report released today, Anna Andreeva from Piper Sandler maintained a Buy rating on Ulta Beauty, with a price target of $725.00. The company’s shares closed last Thursday at $539.44.

According to TipRanks.com, Andreeva has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.1% and a 37.1% success rate. Andreeva covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Lululemon Athletica. ;'>

Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $711.53, which is a 31.1% upside from current levels. In a report issued on April 3, UBS also maintained a Buy rating on the stock with a $810.00 price target.

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