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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Signet Jewelers (SIG) and Sweetgreen (SG)

Tipranks - Thu Mar 12, 8:34AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Signet Jewelers (SIGResearch Report) and Sweetgreen (SGResearch Report).

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Signet Jewelers (SIG)

Jefferies analyst Randal Konik maintained a Buy rating on Signet Jewelers today and set a price target of $150.00. The company’s shares closed last Tuesday at $90.81.

According to TipRanks.com, Konik is a 2-star analyst with an average return of 0.5% and a 42.2% success rate. Konik covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Life Time Group Holdings, and Birkenstock Holding plc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Signet Jewelers with a $113.50 average price target, which is a 22.1% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $118.00 price target.

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Sweetgreen (SG)

Bank of America Securities analyst Sara Senatore maintained a Hold rating on Sweetgreen today. The company’s shares closed last Wednesday at $5.71.

According to TipRanks.com, Senatore is a 3-star analyst with an average return of 2.5% and a 49.2% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Sweetgreen with a $7.15 average price target, which is a 25.4% upside from current levels. In a report issued on February 26, TD Cowen also maintained a Hold rating on the stock with a $6.00 price target.

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