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Analysts Offer Insights on Consumer Cyclical Companies: PulteGroup (PHM) and Ardagh Metal Packaging (AMBP)

Tipranks - Sat Apr 25, 4:58AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on PulteGroup (PHM) and Ardagh Metal Packaging (AMBP).

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PulteGroup (PHM)

In a report released yesterday, Rafe Jadrosich from Bank of America Securities reiterated a Buy rating on PulteGroup, with a price target of $146.00. The company’s shares closed last Thursday at $130.64.

According to TipRanks.com, Jadrosich is a 5-star analyst with an average return of 9.1% and a 57.0% success rate. Jadrosich covers the NA sector, focusing on stocks such as Somnigroup International, Dream Finders Homes, and Taylor Morrison. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PulteGroup with a $133.64 average price target, representing a 6.9% upside. In a report issued on April 13, Evercore ISI also upgraded the stock to Buy with a $146.00 price target.

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Ardagh Metal Packaging (AMBP)

Bank of America Securities analyst George Staphos reiterated a Sell rating on Ardagh Metal Packaging yesterday and set a price target of $4.00. The company’s shares closed last Thursday at $3.94.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 2.9% and a 47.2% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Karat Packaging Inc, and Silgan Holdings. ;'>

Currently, the analyst consensus on Ardagh Metal Packaging is a Hold with an average price target of $4.71.

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