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Analysts Offer Insights on Consumer Cyclical Companies: Flight Centre Travel Group Limited (OtherFGETF) and First Watch Restaurant Group (FWRG)

Tipranks - Wed May 6, 7:56PM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Flight Centre Travel Group Limited (FGETF) and First Watch Restaurant Group (FWRG) with bullish sentiments.

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Flight Centre Travel Group Limited (FGETF)

In a report released today, James Bales from Morgan Stanley maintained a Buy rating on Flight Centre Travel Group Limited, with a price target of A$16.00. The company’s shares closed last Thursday at $7.25.

According to TipRanks.com, Bales is ranked #10947 out of 12228 analysts.

Currently, the analyst consensus on Flight Centre Travel Group Limited is a Strong Buy with an average price target of $11.33, a 56.3% upside from current levels. In a report issued on April 21, UBS also maintained a Buy rating on the stock with a A$14.50 price target.

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First Watch Restaurant Group (FWRG)

Stephens analyst Jim Salera maintained a Buy rating on First Watch Restaurant Group yesterday and set a price target of $21.00. The company’s shares closed last Tuesday at $12.18.

According to TipRanks.com, Salera is ranked 0 out of 5 stars with an average return of -10.3% and a 32.9% success rate. Salera covers the Consumer Goods sector, focusing on stocks such as The Hershey Company, Simply Good Foods, and Marzetti Company. ;'>

First Watch Restaurant Group has an analyst consensus of Strong Buy, with a price target consensus of $18.91, which is a 50.9% upside from current levels. In a report issued on April 20, Benchmark Co. also maintained a Buy rating on the stock with a $22.00 price target.

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