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Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE) and PVH (PVH)

Tipranks - Thu Apr 2, 6:42AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Nike (NKE) and PVH (PVH).

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Nike (NKE)

Guggenheim analyst Simeon Siegel maintained a Buy rating on Nike today and set a price target of $74.00. The company’s shares closed last Tuesday at $52.82.

According to TipRanks.com, Siegel is a 4-star analyst with an average return of 3.3% and a 50.4% success rate. Siegel covers the NA sector, focusing on stocks such as National Vision Holdings, Lululemon Athletica, and Planet Fitness. ;'>

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $66.84, representing a 28.7% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $58.00 price target.

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PVH (PVH)

In a report released today, Matthew Boss from J.P. Morgan maintained a Hold rating on PVH, with a price target of $79.00. The company’s shares closed last Tuesday at $69.76, close to its 52-week low of $62.94.

According to TipRanks.com, Boss is a 4-star analyst with an average return of 5.5% and a 51.1% success rate. Boss covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Lucky Strike Entertainment, and Savers Value Village Inc. ;'>

Currently, the analyst consensus on PVH is a Moderate Buy with an average price target of $89.67, representing a 33.0% upside. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $74.00 price target.

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