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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Shake Shack (SHAK) and Birkenstock Holding plc (BIRK)

Tipranks - Wed Jun 17, 7:25AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Shake Shack (SHAK) and Birkenstock Holding plc (BIRK).

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Shake Shack (SHAK)

In a report released yesterday, Rahul Krotthapalli from J.P. Morgan maintained a Hold rating on Shake Shack, with a price target of $70.00. The company’s shares closed last Monday at $58.40.

Krotthapalli has an average return of 16.4% when recommending Shake Shack. ;'>

According to TipRanks.com, Krotthapalli is ranked #11730 out of 12317 analysts.

Shake Shack has an analyst consensus of Moderate Buy, with a price target consensus of $86.10, which is a 47.5% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also downgraded the stock to Hold with a $65.00 price target.

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Birkenstock Holding plc (BIRK)

In a report released yesterday, Adrien Duverger from Goldman Sachs maintained a Buy rating on Birkenstock Holding plc, with a price target of $52.50. The company’s shares closed last Monday at $47.93.

Duverger has an average return of 25.4% when recommending Birkenstock Holding plc. ;'>

According to TipRanks.com, Duverger is ranked #1342 out of 12317 analysts.

Currently, the analyst consensus on Birkenstock Holding plc is a Strong Buy with an average price target of $50.88, a 2.6% upside from current levels. In a report issued on June 12, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $53.00 price target.

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