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Analysts Offer Insights on Consumer Cyclical Companies: Taylor Morrison (TMHC) and Children’s Place (PLCE)

Tipranks - Tue Jun 2, 6:52AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Taylor Morrison (TMHC) and Children’s Place (PLCE).

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Taylor Morrison (TMHC)

In a report released today, Jonathan Bettenhausen from Truist Financial assigned a Buy rating to Taylor Morrison, with a price target of $72.50. The company’s shares closed last Friday at $58.50.

According to TipRanks.com, Bettenhausen is a 1-star analyst with an average return of -2.5% and a 36.4% success rate. Bettenhausen covers the NA sector, focusing on stocks such as Toll Brothers, PulteGroup, and DR Horton. ;'>

Currently, the analyst consensus on Taylor Morrison is a Moderate Buy with an average price target of $65.64, representing an 11.8% upside. In a report issued on May 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $64.00 price target.

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Children’s Place (PLCE)

In a report released today, Jay Sole from UBS maintained a Hold rating on Children’s Place, with a price target of $4.00. The company’s shares closed last Friday at $4.18.

According to TipRanks.com, Sole is a 4-star analyst with an average return of 6.1% and a 52.5% success rate. Sole covers the NA sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Amer Sports, Inc. ;'>

Currently, the analyst consensus on Children’s Place is a Hold with an average price target of $4.00, a -24.0% downside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.00 price target.

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