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Analysts Offer Insights on Consumer Cyclical Companies: Packaging (PKG) and General Motors (GM)

Tipranks - Thu Jan 29, 7:12AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Packaging (PKGResearch Report) and General Motors (GMResearch Report) with bullish sentiments.

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Packaging (PKG)

Truist Financial analyst Michael Roxland maintained a Buy rating on Packaging today. The company’s shares closed last Tuesday at $223.62.

According to TipRanks.com, Roxland is a 4-star analyst with an average return of 5.5% and a 60.6% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

Currently, the analyst consensus on Packaging is a Strong Buy with an average price target of $237.83, implying a 7.9% upside from current levels. In a report issued on January 17, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $251.00 price target.

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General Motors (GM)

RBC Capital analyst Tom Narayan reiterated a Buy rating on General Motors yesterday and set a price target of $107.00. The company’s shares closed last Tuesday at $86.38.

According to TipRanks.com, Narayan is a 4-star analyst with an average return of 8.2% and a 50.6% success rate. Narayan covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mobileye Global, Inc. Class A, and Mercedes-Benz Group. ;'>

Currently, the analyst consensus on General Motors is a Moderate Buy with an average price target of $93.73, representing a 12.1% upside. In a report issued on January 12, Citi also maintained a Buy rating on the stock with a $98.00 price target.

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