Analysts Are Neutral on Top Consumer Cyclical Stocks: MGM Resorts (MGM), Stellantis (STLA)

Analysts fell to the sidelines weighing in on MGM Resorts (MGM) and Stellantis (STLA) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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MGM Resorts (MGM)

In a report released yesterday, Trey Bowers from Wells Fargo maintained a Hold rating on MGM Resorts, with a price target of $48.30. The company’s shares closed last Tuesday at $46.67, close to its 52-week high of $48.25.

According to TipRanks.com, Bowers has 0 stars on 0-5 stars ranking scale with an average return of -6.3% and a 43.7% success rate. Bowers covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Hilton Grand Vacations. ;'>

MGM Resorts has an analyst consensus of Hold, with a price target consensus of $48.66, implying a 2.9% upside from current levels. In a report issued on July 2, Jefferies also maintained a Hold rating on the stock with a $48.00 price target.

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Stellantis (STLA)

In a report released today, Christian Frenes from Goldman Sachs maintained a Hold rating on Stellantis, with a price target of $7.00. The company’s shares closed last Tuesday at $5.69.

According to TipRanks.com, Frenes is a 1-star analyst with an average return of -10.4% and a 28.6% success rate. Frenes covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Ferrari. ;'>

Currently, the analyst consensus on Stellantis is a Hold with an average price target of $7.61, implying a 36.1% upside from current levels. In a report issued on June 30, TipRanks – PerPlexity also upgraded the stock to Hold with a EUR5.00 price target.

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