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Analysts Conflicted on These Consumer Cyclical Names: Ardagh Metal Packaging (AMBP), Churchill Downs (CHDN) and Packaging (PKG)

Tipranks - Wed Apr 15, 6:29AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Ardagh Metal Packaging (AMBP), Churchill Downs (CHDN) and Packaging (PKG).

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Ardagh Metal Packaging (AMBP)

In a report released today, Gabrial Hajde from Wells Fargo maintained a Hold rating on Ardagh Metal Packaging, with a price target of $4.00. The company’s shares closed last Monday at $4.15, close to its 52-week high of $4.26.

According to TipRanks.com, Hajde is a 4-star analyst with an average return of 2.8% and a 57.4% success rate. Hajde covers the NA sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Smurfit Westrock. ;'>

Ardagh Metal Packaging has an analyst consensus of Hold, with a price target consensus of $4.66, which is a 13.9% upside from current levels. In a report issued on March 30, TipRanks – xAI also reiterated a Hold rating on the stock with a $4.00 price target.

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Churchill Downs (CHDN)

Stifel Nicolaus analyst Jeffrey Stantial maintained a Buy rating on Churchill Downs today and set a price target of $137.00. The company’s shares closed last Monday at $89.53.

According to TipRanks.com, Stantial ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.8% and a 32.0% success rate. Stantial covers the NA sector, focusing on stocks such as Pursuit Attractions and Hospitality, Monarch Casino & Resort, and Bally’s Corporation. ;'>

Churchill Downs has an analyst consensus of Strong Buy, with a price target consensus of $133.00, representing a 52.3% upside. In a report issued on April 6, Jefferies also maintained a Buy rating on the stock with a $139.00 price target.

Packaging (PKG)

Citi analyst Anthony Pettinari maintained a Hold rating on Packaging today and set a price target of $217.00. The company’s shares closed last Monday at $210.48.

According to TipRanks.com, Pettinari is a 5-star analyst with an average return of 15.0% and a 63.5% success rate. Pettinari covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Packaging has an analyst consensus of Moderate Buy, with a price target consensus of $226.50, implying a 10.1% upside from current levels. In a report issued on March 31, Deutsche Bank also initiated coverage with a Hold rating on the stock with a $225.00 price target.

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