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Analysts’ Top Consumer Cyclical Picks: Taylor Morrison (TMHC), Malibu Boats (MBUU)

Tipranks - Tue Jun 16, 7:44AM CDT

Analysts fell to the sidelines weighing in on Taylor Morrison (TMHC), Malibu Boats (MBUU) and Lennar (LEN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Taylor Morrison (TMHC)

Truist Financial analyst Michael Roxland maintained a Hold rating on Taylor Morrison today. The company’s shares closed last Friday at $71.90, close to its 52-week high of $75.49.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 2.5% and a 52.3% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Taylor Morrison with a $62.90 average price target, implying a -12.3% downside from current levels. In a report issued on June 1, Citizens JMP also downgraded the stock to Hold.

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Malibu Boats (MBUU)

In a report issued on June 12, Griffin Bryan from D.A. Davidson reiterated a Hold rating on Malibu Boats, with a price target of $30.00. The company’s shares closed last Friday at $27.88.

According to TipRanks.com, Bryan is ranked #7114 out of 12307 analysts.

Currently, the analyst consensus on Malibu Boats is a Hold with an average price target of $30.00.

Lennar (LEN)

Truist Financial analyst Jonathan Bettenhausen maintained a Hold rating on Lennar today. The company’s shares closed last Friday at $90.30.

According to TipRanks.com, Bettenhausen is a 3-star analyst with an average return of 9.4% and a 81.8% success rate. Bettenhausen covers the NA sector, focusing on stocks such as Taylor Morrison, Toll Brothers, and PulteGroup. ;'>

Currently, the analyst consensus on Lennar is a Moderate Sell with an average price target of $86.00, representing a -7.7% downside. In a report issued on June 4, Wells Fargo also maintained a Hold rating on the stock with a $90.00 price target.

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