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Analysts Are Bullish on These Consumer Cyclical Stocks: Signet Jewelers (SIG), Starbucks (SBUX)

Tipranks - Tipranks - Sat Apr 11, 8:10AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Signet Jewelers (SIG) and Starbucks (SBUX) with bullish sentiments.

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Signet Jewelers (SIG)

In a report released today, Randal Konik from Jefferies maintained a Buy rating on Signet Jewelers, with a price target of $150.00. The company’s shares closed last Thursday at $93.06.

According to TipRanks.com, Konik is a 2-star analyst with an average return of 0.0% and a 41.8% success rate. Konik covers the NA sector, focusing on stocks such as Life Time Group Holdings, OneSpaWorld Holdings, and Lululemon Athletica. ;'>

Signet Jewelers has an analyst consensus of Moderate Buy, with a price target consensus of $113.60.

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Starbucks (SBUX)

Evercore ISI analyst David Palmer maintained a Buy rating on Starbucks today and set a price target of $110.00. The company’s shares closed last Thursday at $96.92.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.2% and a 57.8% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $100.26.

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