Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Dick’s Sporting Goods (DKS), Ulta Beauty (ULTA) and Li Auto (LI)

Tipranks - Sat Mar 14, 5:38AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Dick’s Sporting Goods (DKSResearch Report), Ulta Beauty (ULTAResearch Report) and Li Auto (LIResearch Report).

Claim 70% Off TipRanks Premium

Dick’s Sporting Goods (DKS)

In a report released yesterday, Robert Ohmes from Bank of America Securities reiterated a Buy rating on Dick’s Sporting Goods, with a price target of $245.00. The company’s shares closed last Thursday at $197.60.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 7.4% and a 56.9% success rate. Ohmes covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dick’s Sporting Goods with a $249.50 average price target, implying a 22.0% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $215.00 price target.

See the top stocks recommended by analysts >>

Ulta Beauty (ULTA)

In a report released today, Oliver Chen from TD Cowen maintained a Buy rating on Ulta Beauty, with a price target of $750.00. The company’s shares closed last Thursday at $624.70.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.2% and a 49.0% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Brilliant Earth Group, and Levi Strauss & Co. ;'>

Currently, the analyst consensus on Ulta Beauty is a Strong Buy with an average price target of $729.24, an 11.8% upside from current levels. In a report issued on March 5, Piper Sandler also maintained a Buy rating on the stock with a $775.00 price target.

Li Auto (LI)

In a report released today, Ming-Hsun Lee from Bank of America Securities reiterated a Hold rating on Li Auto, with a price target of $22.00. The company’s shares closed last Thursday at $17.83, close to its 52-week low of $17.44.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 16.8% and a 37.3% success rate. Lee covers the NA sector, focusing on stocks such as XPeng, Inc. ADR, WeRide, and Nio. ;'>

Li Auto has an analyst consensus of Hold, with a price target consensus of $19.50, a 10.9% upside from current levels. In a report issued on March 5, Bernstein also maintained a Hold rating on the stock.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.