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Analysts Offer Insights on Consumer Cyclical Companies: Wesfarmers Limited (OtherWFAFF) and LCI Industries (LCII)

Tipranks - Tue Jun 2, 11:56PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Wesfarmers Limited (WFAFF) and LCI Industries (LCII).

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Wesfarmers Limited (WFAFF)

In a report released today, Melinda Baxter from Morgan Stanley maintained a Hold rating on Wesfarmers Limited, with a price target of A$79.30. The company’s shares closed last Monday at $56.00.

According to TipRanks.com, Baxter has 0 stars on 0-5 stars ranking scale with an average return of -7.3% and a 39.0% success rate. Baxter covers the NA sector, focusing on stocks such as Domino’s Pizza Enterprises Limited, Harvey Norman Holdings Ltd, and Aristocrat Leisure. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Wesfarmers Limited with a $54.99 average price target, a -1.8% downside from current levels. In a report issued on May 25, Jefferies also maintained a Hold rating on the stock with a A$72.00 price target.

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LCI Industries (LCII)

Roth MKM analyst Scott Stember reiterated a Buy rating on LCI Industries today and set a price target of $164.00. The company’s shares closed last Monday at $106.79.

According to TipRanks.com, Stember is a 4-star analyst with an average return of 5.7% and a 51.2% success rate. Stember covers the NA sector, focusing on stocks such as Standard Motor Products, Camping World Holdings, and Winnebago Industries. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LCI Industries with a $149.20 average price target.

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