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Analysts Offer Insights on Consumer Cyclical Companies: Shake Shack (SHAK) and Lakeland Industries (LAKE)

Tipranks - Fri Apr 3, 8:02AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Shake Shack (SHAK) and Lakeland Industries (LAKE) with bullish sentiments.

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Shake Shack (SHAK)

In a report released today, Matt Curtis from D.A. Davidson maintained a Buy rating on Shake Shack, with a price target of $125.00. The company’s shares closed last Wednesday at $90.69.

According to TipRanks.com, Curtis is a 1-star analyst with an average return of -7.9% and a 0.0% success rate. Curtis covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, First Watch Restaurant Group, and Brinker International. ;'>

Shake Shack has an analyst consensus of Moderate Buy, with a price target consensus of $110.94, which is a 22.6% upside from current levels. In a report issued on March 30, Exane BNP Paribas also initiated coverage with a Buy rating on the stock with a $124.00 price target.

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Lakeland Industries (LAKE)

In a report released today, Mark Smith from Lake Street maintained a Buy rating on Lakeland Industries, with a price target of $16.00. The company’s shares closed last Wednesday at $8.21.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 5.4% and a 41.2% success rate. Smith covers the NA sector, focusing on stocks such as The ONE Group Hospitality, American Outdoor Brands, and Red Robin Gourmet. ;'>

Lakeland Industries has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.

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