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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Thu Jan 15, 2:40AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on PENN Entertainment (PENNResearch Report) and Jet2 PLC (DRTGFResearch Report) with bullish sentiments.

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PENN Entertainment (PENN)

In a report released yesterday, Jason Tilchen from Canaccord Genuity maintained a Buy rating on PENN Entertainment, with a price target of $26.00. The company’s shares closed last Tuesday at $13.84, close to its 52-week low of $13.50.

According to TipRanks.com, Tilchen is ranked #10061 out of 12040 analysts.

Currently, the analyst consensus on PENN Entertainment is a Moderate Buy with an average price target of $18.85, a 33.3% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $14.20 price target.

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Jet2 PLC (DRTGF)

Lobbenberg has an average return of 8.2% when recommending Jet2 PLC. ;'>

According to TipRanks.com, Lobbenberg is ranked #4238 out of 12040 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jet2 PLC with a $25.46 average price target.

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