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Analysts Offer Insights on Consumer Cyclical Companies: Tractor Supply (TSCO) and LKQ (LKQ)

Tipranks - Wed Jan 28, 4:00AM CST

Analysts fell to the sidelines weighing in on Tractor Supply (TSCOResearch Report) and LKQ (LKQResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Tractor Supply (TSCO)

Barclays analyst Seth Sigman maintained a Hold rating on Tractor Supply today and set a price target of $52.00. The company’s shares closed last Monday at $55.56.

According to TipRanks.com, Sigman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.4% and a 55.3% success rate. Sigman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Driven Brands Holdings, and Bed Bath & Beyond. ;'>

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $59.54, a 7.8% upside from current levels. In a report issued on January 16, Truist Financial also downgraded the stock to Hold with a $55.00 price target.

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LKQ (LKQ)

Barclays analyst John Babcock maintained a Hold rating on LKQ today and set a price target of $33.00. The company’s shares closed last Monday at $33.77.

According to TipRanks.com, Babcock is a 4-star analyst with an average return of 16.2% and a 59.8% success rate. Babcock covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

Currently, the analyst consensus on LKQ is a Strong Buy with an average price target of $41.25, which is an 11.1% upside from current levels. In a report issued on January 13, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $36.00 price target.

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