Analysts Offer Insights on Consumer Cyclical Companies: McDonald’s (MCD), VF (VFC) and Lucid Group (LCID)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on McDonald’s (MCD), VF (VFC) and Lucid Group (LCID).
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McDonald’s (MCD)
In a report released yesterday, Peter Saleh from BTIG maintained a Buy rating on McDonald’s, with a price target of $350.00. The company’s shares closed last Tuesday at $268.34.
According to TipRanks.com, Saleh is a 5-star analyst with an average return of
Currently, the analyst consensus on McDonald’s is a Moderate Buy with an average price target of $322.71, representing a 19.4% upside. 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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VF (VFC)
J.P. Morgan analyst Matthew Boss maintained a Sell rating on VF yesterday and set a price target of $18.00. The company’s shares closed last Tuesday at $15.23.
According to TipRanks.com, Boss is a 5-star analyst with an average return of
Currently, the analyst consensus on VF is a Hold with an average price target of $18.00.
Lucid Group (LCID)
Needham analyst Chris Pierce reiterated a Hold rating on Lucid Group today. The company’s shares closed last Tuesday at $7.78.
According to TipRanks.com, Pierce is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Lucid Group has an analyst consensus of Hold, with a price target consensus of $8.88, representing a 16.7% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Hold with a $7.50 price target.
Read More on MCD:
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- McDonald’s price target raised to $345 from $335 at Deutsche Bank
- McDonald’s price target lowered to $305 from $315 at KeyBanc
- McDonald’s Earnings Call: Global Strength, U.S. Strain
- McDonald’s sales inflection will take time, says TD Cowen
- Midday Fly By: Palantir, Caterpillar, McDonald’s report Q2 beats
