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Analysts Offer Insights on Consumer Cyclical Companies: International Paper Co (IP) and Global-e Online (GLBE)

Tipranks - Tipranks - Thu May 28, 4:28AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on International Paper Co (IP) and Global-e Online (GLBE) with bullish sentiments.

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International Paper Co (IP)

Bank of America Securities analyst George Staphos maintained a Buy rating on International Paper Co yesterday and set a price target of $44.00. The company’s shares closed last Tuesday at $31.96.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 2.8% and a 46.5% success rate. Staphos covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, Karat Packaging Inc, and Silgan Holdings. ;'>

International Paper Co has an analyst consensus of Moderate Buy, with a price target consensus of $39.11.

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Global-e Online (GLBE)

Needham analyst Scott Berg maintained a Buy rating on Global-e Online today and set a price target of $47.00. The company’s shares closed last Tuesday at $29.68, close to its 52-week low of $28.11.

According to TipRanks.com, Berg has 0 stars on 0-5 stars ranking scale with an average return of -9.1% and a 35.9% success rate. Berg covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, ServiceTitan, Inc. Class A, and Zeta Global Holdings Corp. ;'>

Global-e Online has an analyst consensus of Strong Buy, with a price target consensus of $42.88, implying a 44.5% upside from current levels. In a report issued on May 12, TipRanks – Google also upgraded the stock to Buy with a $33.00 price target.

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