This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Cyclical Companies: Galaxy Entertainment Group (OtherGXYEF) and Packaging (PKG)

Tipranks - Thu Aug 13, 8:40AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Galaxy Entertainment Group (GXYEF) and Packaging (PKG).

Claim 55% Off TipRanks

Galaxy Entertainment Group (GXYEF)

Morgan Stanley analyst Praveen Choudhary maintained a Hold rating on Galaxy Entertainment Group today and set a price target of HK$34.00. The company’s shares closed last Tuesday at $4.45.

According to TipRanks.com, Choudhary is a 1-star analyst with an average return of -1.2% and a 45.6% success rate. Choudhary covers the NA sector, focusing on stocks such as Melco Resorts & Entertainment, MGM China Holdings, and Sands China. ;'>

Currently, the analyst consensus on Galaxy Entertainment Group is a Strong Buy with an average price target of $5.83, representing a 31.0% upside. In a report issued on August 6, TipRanks – Anthropic also reiterated a Hold rating on the stock with a HK$37.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Packaging (PKG)

Bank of America Securities analyst George Staphos maintained a Buy rating on Packaging today and set a price target of $280.00. The company’s shares closed last Wednesday at $255.95.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 3.2% and a 49.7% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Karat Packaging Inc. ;'>

Currently, the analyst consensus on Packaging is a Moderate Buy with an average price target of $271.17, representing a 5.3% upside. In a report issued on August 8, TipRanks – OpenAI also upgraded the stock to Buy with a $284.00 price target.

Read More on GXYEF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.