Analysts Offer Insights on Consumer Cyclical Companies: Tesla (TSLA) and PENN Entertainment (PENN)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Tesla (TSLA – Research Report) and PENN Entertainment (PENN – Research Report).
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Tesla (TSLA)
In a report released today, Markus Leistner from DZ BANK AG maintained a Sell rating on Tesla. The company’s shares closed last Monday at $451.67, close to its 52-week high of $488.54.
According to TipRanks.com, Leistner is ranked #1268 out of 10186 analysts.
Currently, the analyst consensus on Tesla is a Hold with an average price target of $393.89, which is a -12.1% downside from current levels. In a report issued on December 22, UBS also maintained a Sell rating on the stock with a $247.00 price target.
See the top stocks recommended by analysts >>
PENN Entertainment (PENN)
Stifel Nicolaus analyst Jeffrey Stantial reiterated a Buy rating on PENN Entertainment yesterday and set a price target of $21.00. The company’s shares closed last Monday at $15.14.
According to TipRanks.com, Stantial is a 1-star analyst with an average return of
Currently, the analyst consensus on PENN Entertainment is a Moderate Buy with an average price target of $19.38.
