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 Have Conflicting Sentiments on These Consumer Cyclical Companies: Tractor Supply (TSCO), DR Horton (DHI) and Genuine Parts Company (GPC)

Tipranks - Thu Apr 23, 7:22AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Tractor Supply (TSCO), DR Horton (DHI) and Genuine Parts Company (GPC).

Claim 30% Off TipRanks

Tractor Supply (TSCO)

In a report released today, Kate McShane from Goldman Sachs maintained a Buy rating on Tractor Supply, with a price target of $55.00. The company’s shares closed last Tuesday at $39.57.

According to TipRanks.com, McShane is a 4-star analyst with an average return of 6.0% and a 59.3% success rate. McShane covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $53.06, implying a 24.6% upside from current levels. In a report issued on April 15, Telsey Advisory also maintained a Buy rating on the stock with a $63.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

DR Horton (DHI)

In a report released today, Michael Rehaut from J.P. Morgan maintained a Sell rating on DR Horton, with a price target of $127.00. The company’s shares closed last Tuesday at $162.20.

According to TipRanks.com, Rehaut is a 4-star analyst with an average return of 6.0% and a 55.6% success rate. Rehaut covers the NA sector, focusing on stocks such as Installed Building Products, Taylor Morrison, and Toll Brothers. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for DR Horton with a $159.18 average price target, a -4.7% downside from current levels. In a report released yesterday, RBC Capital also maintained a Sell rating on the stock with a $123.00 price target.

Genuine Parts Company (GPC)

In a report released yesterday, Mark Jordan, CFA from Goldman Sachs maintained a Hold rating on Genuine Parts Company, with a price target of $135.00. The company’s shares closed last Tuesday at $115.00, close to its 52-week low of $112.74.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -6.9% and a 33.3% success rate. CFA covers the NA sector, focusing on stocks such as Boyd Group Services, Lithia Motors, and Valvoline. ;'>

Currently, the analyst consensus on Genuine Parts Company is a Moderate Buy with an average price target of $132.80, a 15.7% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Hold with a $108.00 price target.

Read More on TSCO:

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.