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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Packaging (PKG), Carnival (CCL) and OPENLANE (OPLN)

Tipranks - Sun Apr 5, 7:14AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Packaging (PKG), Carnival (CCL) and OPENLANE (OPLN).

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Packaging (PKG)

J.P. Morgan analyst Detlef Winckelmann maintained a Buy rating on Packaging yesterday and set a price target of $225.00. The company’s shares closed last Thursday at $204.46.

Winckelmann has an average return of 2.1% when recommending Packaging. ;'>

According to TipRanks.com, Winckelmann is ranked #5802 out of 12128 analysts.

Currently, the analyst consensus on Packaging is a Moderate Buy with an average price target of $236.00, a 13.4% upside from current levels. In a report issued on March 22, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $232.00 price target.

See today’s best-performing stocks on TipRanks >>

Carnival (CCL)

J.P. Morgan analyst Matthew Boss maintained a Buy rating on Carnival yesterday and set a price target of $43.00. The company’s shares closed last Thursday at $25.64.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 5.5% and a 51.1% success rate. Boss covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Lucky Strike Entertainment, and Savers Value Village Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carnival with a $34.28 average price target, a 35.3% upside from current levels. In a report issued on March 19, Morgan Stanley also upgraded the stock to Buy with a $31.00 price target.

OPENLANE (OPLN)

J.P. Morgan analyst Rajat Gupta CFA maintained a Hold rating on OPENLANE yesterday and set a price target of $31.00. The company’s shares closed last Thursday at $29.62.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 10.4% and a 53.9% success rate. CFA covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

Currently, the analyst consensus on OPENLANE is a Strong Buy with an average price target of $34.90.

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