Analysts Offer Insights on Consumer Cyclical Companies: Mercadolibre (MELI), Cracker Barrel (CBRL) and Macy’s (M)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercadolibre (MELI – Research Report), Cracker Barrel (CBRL – Research Report) and Macy’s (M – Research Report).
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Mercadolibre (MELI)
Morgan Stanley analyst Andrew R. Ruben maintained a Buy rating on Mercadolibre today and set a price target of $2600.00. The company’s shares closed last Friday at $1787.86.
Ruben has an average return of
According to TipRanks.com, Ruben is ranked #3787 out of 12122 analysts.
Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $2625.00, a 49.3% upside from current levels. In a report issued on February 25, TipRanks – Google also upgraded the stock to Buy with a $2144.00 price target.
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Cracker Barrel (CBRL)
Bank of America Securities analyst Sara Senatore reiterated a Sell rating on Cracker Barrel on March 7 and set a price target of $31.00. The company’s shares closed last Friday at $29.44.
According to TipRanks.com, Senatore is a 3-star analyst with an average return of
Currently, the analyst consensus on Cracker Barrel is a Hold with an average price target of $32.00, which is a 6.2% upside from current levels. In a report issued on March 5, TipRanks – xAI also downgraded the stock to Sell with a $29.00 price target.
Macy’s (M)
In a report released today, Jay Sole from UBS maintained a Sell rating on Macy’s, with a price target of $9.00. The company’s shares closed last Friday at $18.27.
According to TipRanks.com, Sole is a 4-star analyst with an average return of
Macy’s has an analyst consensus of Hold, with a price target consensus of $20.60.
