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Analysts Offer Insights on Consumer Cyclical Companies: PENN Entertainment (PENN), Darden Restaurants (DRI) and Petco Health and Wellness Company (WOOF)

Tipranks - Sat Jun 6, 12:12PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on PENN Entertainment (PENN), Darden Restaurants (DRI) and Petco Health and Wellness Company (WOOF).

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PENN Entertainment (PENN)

In a report released today, Daniel Politzer from J.P. Morgan reiterated a Buy rating on PENN Entertainment, with a price target of $23.00. The company’s shares closed last Friday at $19.37.

According to TipRanks.com, Politzer is a 4-star analyst with an average return of 7.2% and a 52.5% success rate. Politzer covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Wyndham Hotels & Resorts, and Rush Street Interactive. ;'>

Currently, the analyst consensus on PENN Entertainment is a Moderate Buy with an average price target of $19.89.

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Darden Restaurants (DRI)

Bank of America Securities analyst Sara Senatore reiterated a Buy rating on Darden Restaurants today and set a price target of $276.00. The company’s shares closed last Friday at $196.08.

According to TipRanks.com, Senatore is a 1-star analyst with an average return of -0.2% and a 45.4% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Darden Restaurants with a $229.82 average price target, implying a 17.9% upside from current levels. In a report issued on May 27, KeyBanc also maintained a Buy rating on the stock.

Petco Health and Wellness Company (WOOF)

In a report released yesterday, Robert Ohmes from Bank of America Securities reiterated a Sell rating on Petco Health and Wellness Company, with a price target of $3.00. The company’s shares closed last Friday at $2.79.

According to TipRanks.com, Ohmes is a 4-star analyst with an average return of 5.3% and a 52.1% success rate. Ohmes covers the NA sector, focusing on stocks such as National Vision Holdings, Floor & Decor Holdings, and Advance Auto Parts. ;'>

Petco Health and Wellness Company has an analyst consensus of Hold, with a price target consensus of $3.70.

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