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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Carter’s (CRI), McDonald’s (MCD) and Prosus (OtherPROSF)

Tipranks - Tue Jun 23, 5:38AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Carter’s (CRI), McDonald’s (MCD) and Prosus (PROSF).

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Carter’s (CRI)

In a report released today, Tom Nikic from Needham maintained a Hold rating on Carter’s. The company’s shares closed last Thursday at $42.54, close to its 52-week low of $38.84.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 7.2% and a 49.3% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Lululemon Athletica, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Carter’s with a $41.00 average price target, representing a -2.7% downside. In a report issued on June 17, Wells Fargo also upgraded the stock to Hold with a $42.00 price target.

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McDonald’s (MCD)

Bernstein analyst Danilo Gargiulo maintained a Hold rating on McDonald’s today and set a price target of $310.00. The company’s shares closed last Thursday at $278.61.

According to TipRanks.com, Gargiulo is a 1-star analyst with an average return of -2.9% and a 51.2% success rate. Gargiulo covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and CAVA Group, Inc. ;'>

McDonald’s has an analyst consensus of Moderate Buy, with a price target consensus of $329.80, implying a 16.0% upside from current levels. In a report issued on June 12, TD Cowen also maintained a Hold rating on the stock with a $300.00 price target.

Prosus (PROSF)

UBS analyst Joseph Barnet-Lamb maintained a Buy rating on Prosus today and set a price target of EUR81.00. The company’s shares closed last Tuesday at $44.95.

Barnet-Lamb has an average return of 5.8% when recommending Prosus. ;'>

According to TipRanks.com, Barnet-Lamb is ranked #4964 out of 12315 analysts.

Currently, the analyst consensus on Prosus is a Strong Buy with an average price target of $72.72, a 61.6% upside from current levels. In a report issued on June 8, Citi also maintained a Buy rating on the stock with a EUR54.00 price target.

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