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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Thu Aug 6, 8:38AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Ball (BALL), Amazon (AMZN) and Lear (LEA) with bullish sentiments.

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Ball (BALL)

Bank of America Securities analyst George Staphos maintained a Buy rating on Ball today and set a price target of $75.00. The company’s shares closed last Wednesday at $63.30.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 3.5% and a 49.6% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Karat Packaging Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ball with a $72.00 average price target, a 10.9% upside from current levels. In a report issued on July 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $77.00 price target.

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Amazon (AMZN)

In a report released yesterday, Doug Anmuth from J.P. Morgan maintained a Buy rating on Amazon, with a price target of $365.00. The company’s shares closed last Wednesday at $281.50.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 10.3% and a 57.2% success rate. Anmuth covers the NA sector, focusing on stocks such as Fiverr International, Reddit Inc Class A, and Alphabet Class A. ;'>

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $333.34, implying a 22.7% upside from current levels. In a report issued on July 21, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.

Lear (LEA)

J.P. Morgan analyst Rajat Gupta CFA maintained a Buy rating on Lear yesterday and set a price target of $175.00. The company’s shares closed last Wednesday at $125.94.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 7.2% and a 49.3% success rate. CFA covers the NA sector, focusing on stocks such as Penske Automotive Group, Camping World Holdings, and Group 1 Automotive. ;'>

Currently, the analyst consensus on Lear is a Moderate Buy with an average price target of $147.13, representing a 12.6% upside. In a report issued on August 1, TipRanks – xAI also upgraded the stock to Buy with a $145.00 price target.

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