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Analysts Offer Insights on Consumer Cyclical Companies: Packaging (PKG) and Hasbro (HAS)

Tipranks - Tipranks - Fri Jun 19, 7:42AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Packaging (PKG) and Hasbro (HAS) with bullish sentiments.

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Packaging (PKG)

Truist Financial analyst Michael Roxland maintained a Buy rating on Packaging today. The company’s shares closed last Wednesday at $229.26.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 2.7% and a 52.8% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Currently, the analyst consensus on Packaging is a Strong Buy with an average price target of $242.40, implying a 5.9% upside from current levels. In a report issued on June 12, Wells Fargo also maintained a Buy rating on the stock with a $245.00 price target.

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Hasbro (HAS)

Jefferies analyst Kylie Cohu reiterated a Buy rating on Hasbro today and set a price target of $120.00. The company’s shares closed last Wednesday at $83.47.

Cohu has an average return of 26.3% when recommending Hasbro. ;'>

According to TipRanks.com, Cohu is ranked #6631 out of 12315 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hasbro with a $113.30 average price target.

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