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Analysts Are Bullish on These Consumer Cyclical Stocks: Wayfair (W), Signet Jewelers (SIG)

Tipranks - Wed Mar 11, 6:10AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Wayfair (WResearch Report), Signet Jewelers (SIGResearch Report) and Casey’s General (CASYResearch Report) with bullish sentiments.

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Wayfair (W)

In a report released yesterday, Mike McGovern from Bank of America Securities maintained a Buy rating on Wayfair, with a price target of $105.00. The company’s shares closed last Monday at $75.72, close to its 52-week high of $76.18.

According to TipRanks.com, McGovern is a 3-star analyst with an average return of 1.9% and a 44.3% success rate. McGovern covers the NA sector, focusing on stocks such as ACV Auctions, Carvana Co, and OPENLANE. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wayfair with a $108.67 average price target, which is a 48.2% upside from current levels. In a report issued on February 24, Mizuho Securities also maintained a Buy rating on the stock with a $110.00 price target.

See the top stocks recommended by analysts >>

Signet Jewelers (SIG)

UBS analyst Mauricio Serna maintained a Buy rating on Signet Jewelers today and set a price target of $118.00. The company’s shares closed last Monday at $91.61.

According to TipRanks.com, Serna is a 3-star analyst with an average return of 4.7% and a 45.4% success rate. Serna covers the NA sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and G-III Apparel Group. ;'>

Signet Jewelers has an analyst consensus of Hold, with a price target consensus of $100.00.

Casey’s General (CASY)

In a report released yesterday, Lisa Lewandowski from Bank of America Securities maintained a Buy rating on Casey’s General, with a price target of $700.00. The company’s shares closed last Monday at $664.54.

Lewandowski has an average return of 12.0% when recommending Casey’s General. ;'>

According to TipRanks.com, Lewandowski is ranked #778 out of 12122 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Casey’s General with a $704.00 average price target, representing a 6.9% upside. In a report issued on February 24, Evercore ISI also maintained a Buy rating on the stock with a $665.00 price target.

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