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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: KB Home (KBH), Melco Resorts & Entertainment (MLCO) and Lear (LEA)

Tipranks - Tue May 5, 6:52AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on KB Home (KBH), Melco Resorts & Entertainment (MLCO) and Lear (LEA).

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KB Home (KBH)

Truist Financial analyst Jonathan Bettenhausen maintained a Hold rating on KB Home today and set a price target of $50.00. The company’s shares closed last Friday at $51.44.

According to TipRanks.com, Bettenhausen is a 1-star analyst with an average return of -2.7% and a 37.5% success rate. Bettenhausen covers the NA sector, focusing on stocks such as Taylor Morrison, Toll Brothers, and PulteGroup. ;'>

KB Home has an analyst consensus of Hold, with a price target consensus of $56.36, a 5.7% upside from current levels. In a report issued on April 20, Bank of America Securities also reiterated a Hold rating on the stock with a $56.00 price target.

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Melco Resorts & Entertainment (MLCO)

In a report released today, Simon Cheung from Goldman Sachs maintained a Buy rating on Melco Resorts & Entertainment, with a price target of $10.40. The company’s shares closed last Friday at $5.46, close to its 52-week low of $4.78.

According to TipRanks.com, Cheung is ranked #6992 out of 12226 analysts.

Melco Resorts & Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $8.48, a 46.5% upside from current levels. In a report issued on April 19, CICC also upgraded the stock to Buy with a $8.20 price target.

Lear (LEA)

Goldman Sachs analyst Mark Delaney maintained a Hold rating on Lear today and set a price target of $131.00. The company’s shares closed last Friday at $132.41.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 23.0% and a 64.7% success rate. Delaney covers the Technology sector, focusing on stocks such as Keysight Technologies, TE Connectivity, and Cerence. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Lear with a $141.17 average price target, representing a 10.1% upside. In a report released today, Wells Fargo also maintained a Hold rating on the stock with a $133.00 price target.

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