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Analysts Offer Insights on Consumer Cyclical Companies: Planet Fitness (PLNT), DoorDash (DASH) and Penske Automotive Group (PAG)

Tipranks - Wed Mar 11, 7:14AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Planet Fitness (PLNTResearch Report), DoorDash (DASHResearch Report) and Penske Automotive Group (PAGResearch Report) with bullish sentiments.

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Planet Fitness (PLNT)

In a report released yesterday, Brian McNamara from Canaccord Genuity maintained a Buy rating on Planet Fitness, with a price target of $128.00. The company’s shares closed last Monday at $77.89.

According to TipRanks.com, McNamara is a 1-star analyst with an average return of -1.6% and a 48.8% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Planet Fitness with a $116.14 average price target, which is a 49.9% upside from current levels. In a report issued on February 23, Morgan Stanley also maintained a Buy rating on the stock with a $128.00 price target.

See the top stocks recommended by analysts >>

DoorDash (DASH)

Truist Financial analyst Youssef Squali maintained a Buy rating on DoorDash today. The company’s shares closed last Monday at $176.59.

According to TipRanks.com, Squali is a 4-star analyst with an average return of 2.8% and a 45.5% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and CrowdStrike Holdings. ;'>

DoorDash has an analyst consensus of Strong Buy, with a price target consensus of $253.63, a 43.6% upside from current levels. In a report issued on February 23, J.P. Morgan also maintained a Buy rating on the stock with a $272.00 price target.

Penske Automotive Group (PAG)

In a report released today, Michael Albanese from Benchmark Co. assigned a Buy rating to Penske Automotive Group, with a price target of $190.00. The company’s shares closed last Monday at $155.94.

According to TipRanks.com, Albanese is ranked 0 out of 5 stars with an average return of -17.7% and a 28.8% success rate. Albanese covers the NA sector, focusing on stocks such as Lindblad Expeditions Holdings, Winnebago Industries, and Group 1 Automotive. ;'>

Penske Automotive Group has an analyst consensus of Strong Buy, with a price target consensus of $185.00, representing a 19.4% upside. In a report issued on February 27, Morgan Stanley also maintained a Buy rating on the stock with a $180.00 price target.

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