Analysts Offer Insights on Consumer Cyclical Companies: Newell Brands (NWL), Aritzia (OtherATZAF) and Melco Resorts & Entertainment (MLCO)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Newell Brands (NWL – Research Report), Aritzia (ATZAF – Research Report) and Melco Resorts & Entertainment (MLCO – Research Report).
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Newell Brands (NWL)
In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Newell Brands, with a price target of $9.00. The company’s shares closed last Friday at $5.01.
According to TipRanks.com, Modi is a 4-star analyst with an average return of
Newell Brands has an analyst consensus of Moderate Buy, with a price target consensus of $7.58, representing a 48.6% upside. In a report issued on April 17, UBS also maintained a Hold rating on the stock with a $5.50 price target.
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Aritzia (ATZAF)
In a report released today, Irene Nattel from RBC Capital maintained a Buy rating on Aritzia, with a price target of C$65.00. The company’s shares closed last Friday at $34.42.
According to TipRanks.com, Nattel is a 5-star analyst with an average return of
Aritzia has an analyst consensus of Strong Buy, with a price target consensus of $51.05, a 50.1% upside from current levels. In a report issued on April 17, BMO Capital also maintained a Buy rating on the stock with a C$74.00 price target.
Melco Resorts & Entertainment (MLCO)
Bank of America Securities analyst Karl Choi reiterated a Hold rating on Melco Resorts & Entertainment yesterday and set a price target of $5.70. The company’s shares closed last Friday at $5.10, close to its 52-week low of $4.78.
Choi has an average return of
According to TipRanks.com, Choi is ranked #4110 out of 9437 analysts.
Melco Resorts & Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $7.25, a 43.3% upside from current levels. In a report issued on April 14, J.P. Morgan also maintained a Hold rating on the stock with a $5.50 price target.
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