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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Packaging (PKG), DraftKings (DKNG) and Home Depot (HD)

Tipranks - Tue Feb 24, 6:13AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Packaging (PKGResearch Report), DraftKings (DKNGResearch Report) and Home Depot (HDResearch Report).

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Packaging (PKG)

In a report released yesterday, George Staphos from Bank of America Securities reiterated a Buy rating on Packaging, with a price target of $270.00. The company’s shares closed last Friday at $237.21, close to its 52-week high of $250.82.

According to TipRanks.com, Staphos is a 4-star analyst with an average return of 4.7% and a 53.2% success rate. Staphos covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Karat Packaging Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Packaging with a $247.67 average price target.

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DraftKings (DKNG)

Bank of America Securities analyst Shaun Kelley maintained a Hold rating on DraftKings today and set a price target of $27.00. The company’s shares closed last Friday at $22.31.

According to TipRanks.com, Kelley is a 3-star analyst with an average return of 2.9% and a 51.9% success rate. Kelley covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Marriott International, and Caesars Entertainment. ;'>

DraftKings has an analyst consensus of Strong Buy, with a price target consensus of $35.73, implying a 59.5% upside from current levels. In a report issued on February 17, Northland Securities also maintained a Hold rating on the stock with a $24.00 price target.

Home Depot (HD)

In a report released today, Peter Keith from Piper Sandler maintained a Buy rating on Home Depot, with a price target of $422.00. The company’s shares closed last Friday at $382.25.

According to TipRanks.com, Keith is a 5-star analyst with an average return of 11.9% and a 56.9% success rate. Keith covers the NA sector, focusing on stocks such as Savers Value Village Inc., Somnigroup International, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Home Depot is a Strong Buy with an average price target of $411.56, which is a 9.0% upside from current levels. In a report issued on February 9, J.P. Morgan also maintained a Buy rating on the stock with a $423.00 price target.

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