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Analysts Conflicted on These Consumer Cyclical Names: Standard Motor Products (SMP), Hyliion Holdings (HYLN) and McDonald’s (MCD)

Tipranks - Wed Aug 5, 9:42AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Standard Motor Products (SMP), Hyliion Holdings (HYLN) and McDonald’s (MCD).

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Standard Motor Products (SMP)

Roth MKM analyst Scott Stember reiterated a Buy rating on Standard Motor Products today and set a price target of $54.00. The company’s shares closed last Tuesday at $39.76.

According to TipRanks.com, Stember is a 4-star analyst with an average return of 5.2% and a 52.4% success rate. Stember covers the NA sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Fox Factory Holding. ;'>

Standard Motor Products has an analyst consensus of Moderate Buy, with a price target consensus of $54.00.

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Hyliion Holdings (HYLN)

In a report released today, Ted Jackson from Northland Securities maintained a Hold rating on Hyliion Holdings. The company’s shares closed last Tuesday at $4.04, close to its 52-week high of $4.10.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 29.9% and a 51.0% success rate. Jackson covers the Industrial Goods sector, focusing on stocks such as Hyster-Yale Materials Handling, Mayville Engineering Company, and Amprius Technologies Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyliion Holdings with a $9.00 average price target, which is a 132.6% upside from current levels. In a report issued on July 21, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $3.50 price target.

McDonald’s (MCD)

In a report released today, Logan Reich from RBC Capital maintained a Hold rating on McDonald’s, with a price target of $305.00. The company’s shares closed last Tuesday at $268.42.

According to TipRanks.com, Reich is ranked 0 out of 5 stars with an average return of -5.9% and a 46.7% success rate. Reich covers the NA sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for McDonald’s with a $325.30 average price target, implying a 20.3% upside from current levels. In a report issued on July 20, Bernstein also maintained a Hold rating on the stock with a $310.00 price target.

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