Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Cyclical Companies: Shake Shack (SHAK), Wayfair (W) and Pursuit Attractions and Hospitality (PRSU)

Tipranks - Sat Feb 28, 7:16AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Shake Shack (SHAKResearch Report), Wayfair (WResearch Report) and Pursuit Attractions and Hospitality (PRSUResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Shake Shack (SHAK)

In a report released today, Michael Tamas from Oppenheimer reiterated a Buy rating on Shake Shack, with a price target of $110.00. The company’s shares closed last Thursday at $98.61.

Tamas has an average return of 0.7% when recommending Shake Shack. ;'>

According to TipRanks.com, Tamas is ranked #8721 out of 12136 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shake Shack with a $108.75 average price target, implying a 4.2% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $110.00 price target.

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

Wayfair (W)

In a report released today, Peter Keith from Piper Sandler maintained a Buy rating on Wayfair, with a price target of $125.00. The company’s shares closed last Thursday at $78.97.

According to TipRanks.com, Keith is a 5-star analyst with an average return of 10.7% and a 54.3% success rate. Keith covers the NA sector, focusing on stocks such as Savers Value Village Inc., Somnigroup International, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wayfair with a $108.00 average price target, implying a 42.8% upside from current levels. In a report issued on February 17, Evercore ISI also maintained a Buy rating on the stock with a $100.00 price target.

Pursuit Attractions and Hospitality (PRSU)

Oppenheimer analyst Tyler Batory reiterated a Buy rating on Pursuit Attractions and Hospitality today and set a price target of $48.00. The company’s shares closed last Thursday at $34.94.

Batory has an average return of 12.9% when recommending Pursuit Attractions and Hospitality. ;'>

According to TipRanks.com, Batory is ranked #2711 out of 12136 analysts.

Currently, the analyst consensus on Pursuit Attractions and Hospitality is a Strong Buy with an average price target of $47.67, implying a 44.4% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $39.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.