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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Deckers Outdoor (DECK), Temple & Webster Group Ltd (OtherTPLWF) and Magna International (MGA)

Tipranks - Fri May 15, 6:04AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Deckers Outdoor (DECK), Temple & Webster Group Ltd (TPLWF) and Magna International (MGA).

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Deckers Outdoor (DECK)

UBS analyst Jay Sole maintained a Buy rating on Deckers Outdoor today and set a price target of $145.00. The company’s shares closed last Wednesday at $93.93.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 4.8% and a 48.5% success rate. Sole covers the NA sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Gildan Activewear. ;'>

Deckers Outdoor has an analyst consensus of Moderate Buy, with a price target consensus of $127.00, implying a 34.1% upside from current levels. In a report issued on May 2, TipRanks – xAI also reiterated a Buy rating on the stock with a $116.00 price target.

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Temple & Webster Group Ltd (TPLWF)

In a report released yesterday, Evan Karatzas from UBS maintained a Hold rating on Temple & Webster Group Ltd, with a price target of A$6.10. The company’s shares closed last Wednesday at $3.79.

According to TipRanks.com, Karatzas is ranked #2740 out of 12246 analysts.

Currently, the analyst consensus on Temple & Webster Group Ltd is a Moderate Buy with an average price target of $8.06, implying an 116.1% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a A$5.60 price target.

Magna International (MGA)

J.P. Morgan analyst Ryan Brinkman maintained a Buy rating on Magna International today and set a price target of $70.00. The company’s shares closed last Wednesday at $62.42.

According to TipRanks.com, Brinkman is a 1-star analyst with an average return of -0.3% and a 49.7% success rate. Brinkman covers the NA sector, focusing on stocks such as Rivian Automotive, Dana Incorporated, and Garrett Motion. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magna International with a $62.29 average price target, representing a 0.1% upside. In a report issued on May 3, TipRanks – OpenAI also upgraded the stock to Buy with a C$92.00 price target.

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