Analysts Are Bullish on Top Consumer Cyclical Stocks: Smurfit Westrock (SW), Packaging (PKG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Smurfit Westrock (SW – Research Report) and Packaging (PKG – Research Report) with bullish sentiments.
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Smurfit Westrock (SW)
Bank of America Securities analyst Reinhardt van der Walt maintained a Buy rating on Smurfit Westrock yesterday and set a price target of $57.00. The company’s shares closed last Thursday at $38.12.
According to TipRanks.com, Walt is ranked #4109 out of 10182 analysts.
Smurfit Westrock has an analyst consensus of Strong Buy, with a price target consensus of $52.37, implying a 37.5% upside from current levels. In a report issued on December 8, Argus Research also maintained a Buy rating on the stock with a $45.00 price target.
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Packaging (PKG)
Bank of America Securities analyst George Staphos maintained a Buy rating on Packaging yesterday and set a price target of $240.00. The company’s shares closed last Thursday at $201.99.
According to TipRanks.com, Staphos is a 4-star analyst with an average return of
Currently, the analyst consensus on Packaging is a Moderate Buy with an average price target of $236.00, implying a 16.8% upside from current levels. In a report issued on December 5, J.P. Morgan also maintained a Buy rating on the stock with a $245.00 price target.
