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Analysts Offer Insights on Consumer Cyclical Companies: Penske Automotive Group (PAG) and Etsy (ETSY)

Tipranks - Tipranks - Tue Apr 14, 12:10PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Penske Automotive Group (PAG) and Etsy (ETSY).

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Penske Automotive Group (PAG)

Seaport Global analyst Glenn Chin reiterated a Buy rating on Penske Automotive Group yesterday. The company’s shares closed last Monday at $155.32.

Chin has an average return of 34.6% when recommending Penske Automotive Group. ;'>

According to TipRanks.com, Chin is ranked #4933 out of 12179 analysts.

Penske Automotive Group has an analyst consensus of Strong Buy, with a price target consensus of $184.67, implying a 18.8% upside from current levels. In a report issued on April 8, Citi also maintained a Buy rating on the stock with a $193.00 price target.

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Etsy (ETSY)

In a report released yesterday, Mike McGovern from Bank of America Securities maintained a Hold rating on Etsy, with a price target of $65.00. The company’s shares closed last Monday at $54.43.

According to TipRanks.com, McGovern is a 2-star analyst with an average return of -0.1% and a 40.8% success rate. McGovern covers the NA sector, focusing on stocks such as ACV Auctions, Carvana Co, and Wayfair. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Etsy with a $62.63 average price target.

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