Analysts Offer Insights on Consumer Cyclical Companies: Packaging (PKG) and DraftKings (DKNG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Packaging (PKG – Research Report) and DraftKings (DKNG – Research Report) with bullish sentiments.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Packaging (PKG)
Truist Financial analyst Michael Roxland reiterated a Buy rating on Packaging today and set a price target of $273.00. The company’s shares closed last Friday at $221.33.
According to TipRanks.com, Roxland is a 4-star analyst with an average return of
Currently, the analyst consensus on Packaging is a Strong Buy with an average price target of $242.86, a 9.9% upside from current levels. In a report issued on January 6, Wells Fargo also upgraded the stock to Buy with a $233.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
DraftKings (DKNG)
In a report released today, Mike Hickey from Benchmark Co. reiterated a Buy rating on DraftKings, with a price target of $37.00. The company’s shares closed last Friday at $32.62, close to its 52-week low of $28.69.
According to TipRanks.com, Hickey is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $44.78 average price target, which is a 27.9% upside from current levels. In a report issued on January 15, Wells Fargo also upgraded the stock to Buy with a $49.00 price target.
