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Analysts Offer Insights on Consumer Cyclical Companies: Texas Roadhouse (TXRH) and Ralph Lauren (RL)

Tipranks - Tue May 19, 6:52AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Texas Roadhouse (TXRH) and Ralph Lauren (RL) with bullish sentiments.

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Texas Roadhouse (TXRH)

Guggenheim analyst Gregory Francfort reiterated a Buy rating on Texas Roadhouse yesterday and set a price target of $210.00. The company’s shares closed last Friday at $177.97.

According to TipRanks.com, Francfort is a 4-star analyst with an average return of 6.4% and a 57.7% success rate. Francfort covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Roadhouse with a $197.00 average price target, which is a 9.9% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $178.00 price target.

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Ralph Lauren (RL)

In a report released today, Tom Nikic from Needham reiterated a Buy rating on Ralph Lauren, with a price target of $400.00. The company’s shares closed last Friday at $326.81.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 5.3% and a 44.5% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Lululemon Athletica, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ralph Lauren with a $435.00 average price target, a 31.0% upside from current levels. In a report issued on May 5, UBS also maintained a Buy rating on the stock with a $480.00 price target.

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