This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Consumer Cyclical Names: Taylor Morrison (TMHC), MGM Resorts (MGM) and Black Rock Coffee Bar, Inc. Class A (BRCB)

Tipranks - Fri Jun 5, 3:40AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Taylor Morrison (TMHC), MGM Resorts (MGM) and Black Rock Coffee Bar, Inc. Class A (BRCB).

Claim 55% Off TipRanks

Taylor Morrison (TMHC)

In a report issued on June 2, Matthew Bouley from Barclays maintained a Buy rating on Taylor Morrison, with a price target of $69.00. The company’s shares closed last Wednesday at $71.54.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 12.4% and a 57.3% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and SiteOne Landscape Supply. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Taylor Morrison with a $66.14 average price target, implying a -7.5% downside from current levels. In a report issued on June 1, TipRanks – OpenAI also upgraded the stock to Buy with a $66.00 price target.

See the top stocks recommended by analysts >>

MGM Resorts (MGM)

Barclays analyst Brandt Montour maintained a Hold rating on MGM Resorts on June 2 and set a price target of $39.00. The company’s shares closed last Wednesday at $48.30.

According to TipRanks.com, Montour is a 4-star analyst with an average return of 7.4% and a 54.9% success rate. Montour covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

Currently, the analyst consensus on MGM Resorts is a Hold with an average price target of $44.50, implying a -7.4% downside from current levels. In a report issued on June 2, TipRanks – PerPlexity also downgraded the stock to Hold with a $52.00 price target.

Black Rock Coffee Bar, Inc. Class A (BRCB)

In a report released today, Sharon Zackfia from William Blair reiterated a Buy rating on Black Rock Coffee Bar, Inc. Class A. The company’s shares closed last Wednesday at $7.01, close to its 52-week low of $6.13.

According to TipRanks.com, Zackfia is a 3-star analyst with an average return of 1.1% and a 43.1% success rate. Zackfia covers the NA sector, focusing on stocks such as Birkenstock Holding plc, OneSpaWorld Holdings, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Black Rock Coffee Bar, Inc. Class A with a $19.50 average price target.

Read More on TMHC:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.