Analysts Conflicted on These Consumer Cyclical Names: Installed Building Products (IBP) and Shake Shack (SHAK)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Installed Building Products (IBP – Research Report) and Shake Shack (SHAK – Research Report).
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Installed Building Products (IBP)
In a report issued on January 8, Michael Dahl from RBC Capital maintained a Sell rating on Installed Building Products, with a price target of $203.00. The company’s shares closed last Monday at $302.97.
According to TipRanks.com, Dahl is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Installed Building Products with a $245.57 average price target.
See the top stocks recommended by analysts >>
Shake Shack (SHAK)
In a report released yesterday, Sharon Zackfia from William Blair reiterated a Buy rating on Shake Shack. The company’s shares closed last Monday at $96.72.
According to TipRanks.com, Zackfia is a 4-star analyst with an average return of
Currently, the analyst consensus on Shake Shack is a Moderate Buy with an average price target of $110.29, which is a 21.7% upside from current levels. In a report issued on January 5, Deutsche Bank also upgraded the stock to Buy with a $105.00 price target.
