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Analysts Offer Insights on Consumer Cyclical Companies: Carter’s (CRI), Rivian Automotive (RIVN) and Boyd Group Services (BGSI)

Tipranks - Sat Aug 1, 10:46AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Carter’s (CRI), Rivian Automotive (RIVN) and Boyd Group Services (BGSI).

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Carter’s (CRI)

Needham analyst Tom Nikic maintained a Hold rating on Carter’s today. The company’s shares closed last Friday at $38.22.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 7.4% and a 51.6% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Carter’s with a $44.00 average price target, a 15.5% upside from current levels. In a report issued on July 21, Wells Fargo also maintained a Hold rating on the stock with a $42.00 price target.

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Rivian Automotive (RIVN)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Rivian Automotive, with a price target of $22.00. The company’s shares closed last Friday at $15.51.

According to TipRanks.com, Gengaro is a 5-star analyst with an average return of 14.7% and a 50.3% success rate. Gengaro covers the NA sector, focusing on stocks such as Kodiak Gas Services, Inc., Oil States International, and Atlas Energy Solutions. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Rivian Automotive with a $18.37 average price target, representing an 8.2% upside. In a report issued on July 27, Piper Sandler also upgraded the stock to Buy with a $20.00 price target.

Boyd Group Services (BGSI)

Stifel Nicolaus analyst Daryl Young maintained a Buy rating on Boyd Group Services today and set a price target of C$205.00. The company’s shares closed last Friday at $102.93.

According to TipRanks.com, Young is a 4-star analyst with an average return of 8.8% and a 58.4% success rate. Young covers the Industrial Goods sector, focusing on stocks such as Air Canada, Bombardier, and Cargojet. ;'>

Boyd Group Services has an analyst consensus of Strong Buy, with a price target consensus of $153.28, implying a 47.4% upside from current levels. In a report issued on July 24, Scotiabank also maintained a Buy rating on the stock with a C$219.00 price target.

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