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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Fri Apr 24, 9:46AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Meritage (MTH) and Rollins (ROL) with bullish sentiments.

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Meritage (MTH)

In a report released yesterday, Susan Maklari from Goldman Sachs maintained a Buy rating on Meritage, with a price target of $81.00. The company’s shares closed last Thursday at $67.32.

According to TipRanks.com, Maklari is a 3-star analyst with an average return of 1.4% and a 51.0% success rate. Maklari covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Worthington Industries, and Builders Firstsource. ;'>

Meritage has an analyst consensus of Moderate Buy, with a price target consensus of $77.57, representing a 13.6% upside. In a report issued on April 9, TipRanks – PerPlexity also upgraded the stock to Buy with a $68.00 price target.

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Rollins (ROL)

Goldman Sachs analyst George Tong maintained a Buy rating on Rollins yesterday and set a price target of $66.00. The company’s shares closed last Thursday at $56.52.

According to TipRanks.com, Tong is a 4-star analyst with an average return of 5.7% and a 56.1% success rate. Tong covers the Industrial Goods sector, focusing on stocks such as UL Solutions Inc. Class A, Vestis Corporation, and Verisk Analytics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rollins with a $63.09 average price target, implying a 14.9% upside from current levels. In a report issued on April 15, Bank of America Securities also maintained a Buy rating on the stock.

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