Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Steven Madden (SHOO), McDonald’s (MCD) and Chipotle (CMG) with bullish sentiments.
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Steven Madden (SHOO)
In a report released today, Janine Stichter from BTIG reiterated a Buy rating on Steven Madden, with a price target of $55.00. The company’s shares closed last Tuesday at $48.86, close to its 52-week high of $50.01.
According to TipRanks.com, Stichter is a 4-star analyst with an average return of
Currently, the analyst consensus on Steven Madden is a Moderate Buy with an average price target of $51.13, implying a 7.3% upside from current levels. In a report issued on July 22, Piper Sandler also maintained a Buy rating on the stock with a $50.00 price target.
See the top stocks recommended by analysts >>
McDonald’s (MCD)
BMO Capital analyst Andrew Strelzik reiterated a Buy rating on McDonald’s today and set a price target of $335.00. The company’s shares closed last Tuesday at $268.34.
According to TipRanks.com, Strelzik is a 4-star analyst with an average return of
Currently, the analyst consensus on McDonald’s is a Moderate Buy with an average price target of $320.57, a 18.6% upside from current levels. In a report issued on July 23, Evercore ISI also maintained a Buy rating on the stock with a $320.00 price target.
Chipotle (CMG)
In a report released today, Dennis Geiger from UBS maintained a Buy rating on Chipotle, with a price target of $45.00. The company’s shares closed last Tuesday at $33.82.
According to TipRanks.com, Geiger is a 3-star analyst with an average return of
Currently, the analyst consensus on Chipotle is a Strong Buy with an average price target of $44.74, a 19.4% upside from current levels. In a report issued on July 30, TipRanks – xAI also upgraded the stock to Buy with a $37.00 price target.
Read More on SHOO:
Disclaimer & DisclosureReport an Issue
- Steven Madden price target raised to $55 from $50 at Piper Sandler
- Sam Poser Raises Steve Madden Price Target to $56 and Reaffirms Buy on Stronger‑Than‑Expected Q2 and Upgraded Outlook
- Steven Madden Boosts Outlook On Margin-Fueled Q2
- Steven Madden price target raised to $45 from $40 at UBS
- Steven Madden price target raised to $55 from $45 at Citi
