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Analysts Offer Insights on Consumer Cyclical Companies: McDonald’s (MCD), VF (VFC) and Lucid Group (LCID)

Tipranks - Thu Aug 6, 5:42AM CDT

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 10.2% and a 60.6% success rate. Saleh covers the NA sector, focusing on stocks such as Papa John’s International, Darden Restaurants, and Texas Roadhouse. ;'>

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 8.0% and a 55.3% success rate. Boss covers the NA sector, focusing on stocks such as Savers Value Village Inc., Birkenstock Holding plc, and United Parks & Resorts. ;'>

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 -5.2% and a 42.6% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Aurora Innovation, and Rivian Automotive. ;'>

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.

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