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Analysts Offer Insights on Consumer Cyclical Companies: Booking Holdings (BKNG), Mattel (MAT) and McDonald’s (MCD)

Tipranks - Thu Aug 6, 5:42AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Booking Holdings (BKNG), Mattel (MAT) and McDonald’s (MCD) with bullish sentiments.

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Booking Holdings (BKNG)

In a report released yesterday, Jake Fuller from BTIG maintained a Buy rating on Booking Holdings, with a price target of $250.00. The company’s shares closed last Tuesday at $194.27.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 6.6% and a 51.9% success rate. Fuller covers the NA sector, focusing on stocks such as Maplebear, DoorDash, and Expedia. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Booking Holdings with a $226.23 average price target, representing a 17.3% upside. In a report issued on July 21, TipRanks – PerPlexity also upgraded the stock to Buy with a $203.00 price target.

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Mattel (MAT)

In a report released yesterday, Anthony Bonadio from Wells Fargo maintained a Buy rating on Mattel, with a price target of $18.00. The company’s shares closed last Tuesday at $14.86.

According to TipRanks.com, Bonadio is a 4-star analyst with an average return of 14.5% and a 67.7% success rate. Bonadio covers the NA sector, focusing on stocks such as Life Time Group Holdings, Harley-Davidson, and Planet Fitness. ;'>

Currently, the analyst consensus on Mattel is a Moderate Buy with an average price target of $18.43, a 24.4% upside from current levels. In a report issued on August 1, TipRanks – xAI also upgraded the stock to Buy with a $17.00 price target.

McDonald’s (MCD)

Citi analyst Jon Tower maintained a Buy rating on McDonald’s today and set a price target of $345.00. The company’s shares closed last Tuesday at $268.34.

According to TipRanks.com, Tower is a 4-star analyst with an average return of 10.3% and a 59.0% success rate. Tower covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International. ;'>

Currently, the analyst consensus on McDonald’s is a Moderate Buy with an average price target of $323.19, implying a 19.6% upside from current levels. In a report issued on July 23, Evercore ISI also maintained a Buy rating on the stock with a $320.00 price target.

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