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Analysts Offer Insights on Consumer Cyclical Companies: Shake Shack (SHAK), Packaging (PKG) and Orora (OtherORRAF)

Tipranks - Wed Feb 4, 6:58AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Shake Shack (SHAKResearch Report), Packaging (PKGResearch Report) and Orora (ORRAFResearch Report).

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Shake Shack (SHAK)

In a report released today, Jake Bartlett from Truist Financial maintained a Buy rating on Shake Shack, with a price target of $146.00. The company’s shares closed last Monday at $92.72.

According to TipRanks.com, Bartlett is a 5-star analyst with an average return of 11.6% and a 58.5% success rate. Bartlett covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shake Shack with a $107.08 average price target, implying a 19.1% upside from current levels. In a report issued on January 20, Morgan Stanley also upgraded the stock to Buy with a $125.00 price target.

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

Packaging (PKG)

J.P. Morgan analyst Detlef Winckelmann maintained a Buy rating on Packaging yesterday and set a price target of $250.00. The company’s shares closed last Monday at $223.72.

Winckelmann has an average return of 6.1% when recommending Packaging. ;'>

According to TipRanks.com, Winckelmann is ranked #5194 out of 12040 analysts.

Currently, the analyst consensus on Packaging is a Moderate Buy with an average price target of $245.86, which is a 11.0% upside from current levels. In a report issued on January 20, Truist Financial also reiterated a Buy rating on the stock with a $273.00 price target.

Orora (ORRAF)

In a report released yesterday, Lee Power from J.P. Morgan downgraded Orora to Sell, with a price target of A$1.90. The company’s shares closed last Tuesday at $1.31.

According to TipRanks.com, Power is a 4-star analyst with an average return of 13.2% and a 67.8% success rate. Power covers the Basic Materials sector, focusing on stocks such as Orica Limited, James Hardie, and Dyno Nobel. ;'>

Orora has an analyst consensus of Hold, with a price target consensus of $1.55.

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