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Analysts Offer Insights on Consumer Cyclical Companies: Brinker International (EAT), Birkenstock Holding plc (BIRK) and Tapestry (TPR)

Tipranks - Fri Jan 30, 6:56AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Brinker International (EATResearch Report), Birkenstock Holding plc (BIRKResearch Report) and Tapestry (TPRResearch Report) with bullish sentiments.

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Brinker International (EAT)

In a report released today, Nick Setyan from Mizuho Securities reiterated a Buy rating on Brinker International, with a price target of $175.00. The company’s shares closed last Wednesday at $156.64.

According to TipRanks.com, Setyan is a 5-star analyst with an average return of 10.7% and a 54.1% success rate. Setyan covers the NA sector, focusing on stocks such as Papa John’s International, Dine Brands Global, and Darden Restaurants. ;'>

Currently, the analyst consensus on Brinker International is a Moderate Buy with an average price target of $183.47, implying a 9.3% upside from current levels. In a report issued on January 20, TD Cowen also initiated coverage with a Buy rating on the stock with a $192.00 price target.

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Birkenstock Holding plc (BIRK)

In a report released today, Peter McGoldrick from Stifel Nicolaus reiterated a Buy rating on Birkenstock Holding plc, with a price target of $58.00. The company’s shares closed last Wednesday at $37.57.

According to TipRanks.com, McGoldrick is a 3-star analyst with an average return of 3.1% and a 61.3% success rate. McGoldrick covers the NA sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Fox Factory Holding. ;'>

Currently, the analyst consensus on Birkenstock Holding plc is a Strong Buy with an average price target of $58.63, representing a 46.5% upside. In a report issued on January 19, TipRanks – PerPlexity also upgraded the stock to Buy with a $43.00 price target.

Tapestry (TPR)

Goldman Sachs analyst Brooke Roach maintained a Buy rating on Tapestry today and set a price target of $146.00. The company’s shares closed last Wednesday at $126.00.

According to TipRanks.com, Roach is a 4-star analyst with an average return of 3.6% and a 54.5% success rate. Roach covers the NA sector, focusing on stocks such as Lululemon Athletica, Burlington Stores, and Victoria’s Secret. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tapestry with a $142.07 average price target, which is a 10.2% upside from current levels. In a report issued on January 21, Citi also maintained a Buy rating on the stock with a $152.00 price target.

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