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Analysts Offer Insights on Consumer Cyclical Companies: Amer Sports, Inc. (AS), Destination XL (DXLG) and Packaging (PKG)

Tipranks - Thu May 14, 9:16AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Amer Sports, Inc. (AS), Destination XL (DXLG) and Packaging (PKG) with bullish sentiments.

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Amer Sports, Inc. (AS)

Truist Financial analyst Joseph Civello maintained a Buy rating on Amer Sports, Inc. today. The company’s shares closed last Wednesday at $33.13, close to its 52-week high of $34.00.

According to TipRanks.com, Civello ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.7% and a 30.3% success rate. Civello covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amer Sports, Inc. with a $50.09 average price target, implying a 48.9% upside from current levels. In a report issued on May 11, UBS also maintained a Buy rating on the stock with a $60.00 price target.

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Destination XL (DXLG)

D.A. Davidson analyst Michael Baker maintained a Buy rating on Destination XL today. The company’s shares closed last Wednesday at $0.67.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 5.7% and a 54.2% success rate. Baker covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, The Lovesac Company, and Advance Auto Parts. ;'>

Destination XL has an analyst consensus of Moderate Buy, with a price target consensus of $1.00.

Packaging (PKG)

In a report released today, Michael Roxland from Truist Financial maintained a Buy rating on Packaging. The company’s shares closed last Wednesday at $223.07.

According to TipRanks.com, Roxland is a 3-star analyst with an average return of 1.5% and a 46.5% success rate. Roxland covers the NA sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and Graphic Packaging. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Packaging with a $239.50 average price target, a 7.6% upside from current levels. In a report issued on May 4, Deutsche Bank also upgraded the stock to Buy with a $256.00 price target.

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