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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Planet Fitness (PLNT), Hyatt Hotels (H) and Best Buy Co (BBY)

Tipranks - Sat May 30, 6:04AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Planet Fitness (PLNT), Hyatt Hotels (H) and Best Buy Co (BBY).

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Planet Fitness (PLNT)

TD Cowen analyst Max Rakhlenko maintained a Hold rating on Planet Fitness today and set a price target of $54.00. The company’s shares closed last Thursday at $52.90.

According to TipRanks.com, Rakhlenko is a 3-star analyst with an average return of 2.3% and a 50.0% success rate. Rakhlenko covers the NA sector, focusing on stocks such as Floor & Decor Holdings, OneSpaWorld Holdings, and Advance Auto Parts. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Planet Fitness with a $70.53 average price target.

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Hyatt Hotels (H)

In a report released today, Shaun Kelley from Bank of America Securities reiterated a Buy rating on Hyatt Hotels, with a price target of $200.00. The company’s shares closed last Thursday at $185.46.

According to TipRanks.com, Kelley is a 4-star analyst with an average return of 2.8% and a 52.1% success rate. Kelley covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Churchill Downs, and Wynn Resorts. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hyatt Hotels with a $190.42 average price target, implying a 2.1% upside from current levels. In a report issued on May 15, Bernstein also maintained a Buy rating on the stock with a $202.00 price target.

Best Buy Co (BBY)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Best Buy Co, with a price target of $80.00. The company’s shares closed last Thursday at $74.74, close to its 52-week low of $69.29.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 2.3% and a 57.5% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

Currently, the analyst consensus on Best Buy Co is a Hold with an average price target of $74.23, which is a 6.5% upside from current levels. In a report released today, UBS also downgraded the stock to Hold with a $86.00 price target.

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