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Analysts Conflicted on These Consumer Cyclical Names: Academy Sports and Outdoors (ASO), Graphic Packaging (GPK) and Rivian Automotive (RIVN)

Tipranks - Thu Jun 11, 5:16AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Academy Sports and Outdoors (ASO), Graphic Packaging (GPK) and Rivian Automotive (RIVN).

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Academy Sports and Outdoors (ASO)

In a report released yesterday, Ike Boruchow from Wells Fargo maintained a Hold rating on Academy Sports and Outdoors, with a price target of $50.00. The company’s shares closed last Tuesday at $50.37.

According to TipRanks.com, Boruchow is a 3-star analyst with an average return of 0.8% and a 46.9% success rate. Boruchow covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, Canada Goose Holdings, and Lululemon Athletica. ;'>

Academy Sports and Outdoors has an analyst consensus of Moderate Buy, with a price target consensus of $61.00, representing a 14.1% upside. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a $56.00 price target.

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Graphic Packaging (GPK)

Wells Fargo analyst Gabrial Hajde maintained a Sell rating on Graphic Packaging today and set a price target of $8.00. The company’s shares closed last Tuesday at $10.79.

According to TipRanks.com, Hajde is a 3-star analyst with an average return of 1.8% and a 55.3% success rate. Hajde covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Smurfit Westrock. ;'>

Graphic Packaging has an analyst consensus of Hold, with a price target consensus of $10.80.

Rivian Automotive (RIVN)

In a report released today, Chris Pierce from Needham reiterated a Buy rating on Rivian Automotive, with a price target of $23.00. The company’s shares closed last Tuesday at $15.73.

According to TipRanks.com, Pierce has 0 stars on 0-5 stars ranking scale with an average return of -7.0% and a 38.5% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Aurora Innovation, and Sonic Automotive. ;'>

Rivian Automotive has an analyst consensus of Moderate Buy, with a price target consensus of $18.53, a 9.9% upside from current levels. In a report issued on June 3, TD Cowen also maintained a Buy rating on the stock with a $20.00 price target.

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