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Analysts Offer Insights on Consumer Cyclical Companies: CarMax (KMX), Chewy (CHWY) and Lennar (LEN)

Tipranks - Fri Jun 12, 7:24AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on CarMax (KMX), Chewy (CHWY) and Lennar (LEN).

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CarMax (KMX)

J.P. Morgan analyst Rajat Gupta CFA maintained a Sell rating on CarMax today and set a price target of $37.00. The company’s shares closed last Wednesday at $48.50.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 8.8% and a 51.3% success rate. CFA covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

CarMax has an analyst consensus of Hold, with a price target consensus of $37.82.

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Chewy (CHWY)

RBC Capital analyst Steven Shemesh maintained a Buy rating on Chewy today and set a price target of $34.00. The company’s shares closed last Wednesday at $19.98.

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -0.2% and a 50.9% success rate. Shemesh covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Driven Brands Holdings, and Advance Auto Parts. ;'>

Currently, the analyst consensus on Chewy is a Strong Buy with an average price target of $33.68, implying a 67.4% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $22.50 price target.

Lennar (LEN)

In a report released today, Michael Roxland from Truist Financial reiterated a Hold rating on Lennar. The company’s shares closed last Wednesday at $89.85.

According to TipRanks.com, Roxland is a 2-star analyst with an average return of 0.6% and a 44.5% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Lennar has an analyst consensus of Moderate Sell, with a price target consensus of $88.00, representing a -4.0% downside. In a report issued on May 28, Wells Fargo also maintained a Hold rating on the stock with a $90.00 price target.

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