This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Tipranks - Sat May 30, 9:00AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Sally Beauty (SBH) and Red Robin Gourmet (RRGB) with bullish sentiments.

Memorial Day Sale – Claim 70% Off TipRanks

Sally Beauty (SBH)

Canaccord Genuity analyst Susan Anderson maintained a Buy rating on Sally Beauty yesterday and set a price target of $20.00. The company’s shares closed last Friday at $13.32.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 15.9% and a 42.7% success rate. Anderson covers the NA sector, focusing on stocks such as Peloton Interactive, Olaplex Holdings, and Ulta Beauty. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sally Beauty with a $16.66 average price target, representing a 26.2% upside. In a report issued on May 14, TipRanks – xAI also upgraded the stock to Buy with a $13.50 price target.

See today’s best-performing stocks on TipRanks >>

Red Robin Gourmet (RRGB)

Lake Street analyst Mark Smith reiterated a Buy rating on Red Robin Gourmet today and set a price target of $11.00. The company’s shares closed last Friday at $4.88.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 8.1% and a 46.8% success rate. Smith covers the NA sector, focusing on stocks such as The ONE Group Hospitality, American Outdoor Brands, and Lakeland Industries. ;'>

Currently, the analyst consensus on Red Robin Gourmet is a Strong Buy with an average price target of $11.17, which is a 133.7% upside from current levels. In a report issued on May 20, Craig-Hallum also reiterated a Buy rating on the stock with a $14.50 price target.

Read More on SBH:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).