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Analysts Offer Insights on Consumer Cyclical Companies: Signet Jewelers (SIG) and Home Depot (HD)

Tipranks - Fri May 29, 7:56AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Signet Jewelers (SIG) and Home Depot (HD).

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Signet Jewelers (SIG)

In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Signet Jewelers, with a price target of $96.00. The company’s shares closed last Wednesday at $83.16.

According to TipRanks.com, Telsey is a 1-star analyst with an average return of -0.2% and a 41.3% success rate. Telsey covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Brilliant Earth Group, and Wolverine World Wide. ;'>

Currently, the analyst consensus on Signet Jewelers is a Moderate Buy with an average price target of $112.60, a 31.6% upside from current levels. In a report issued on May 16, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $82.00 price target.

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Home Depot (HD)

Truist Financial analyst Scot Ciccarelli maintained a Buy rating on Home Depot today. The company’s shares closed last Wednesday at $317.85.

According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of 14.8% and a 66.7% success rate. Ciccarelli covers the NA sector, focusing on stocks such as Genuine Parts Company, Accel Entertainment, and Advance Auto Parts. ;'>

Home Depot has an analyst consensus of Strong Buy, with a price target consensus of $379.10, implying a 20.4% upside from current levels. In a report issued on May 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $343.00 price target.

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