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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Fri May 22, 7:56AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Lowe’s (LOW), Hasbro (HAS) and Victoria’s Secret (VSCO) with bullish sentiments.

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Lowe’s (LOW)

In a report released today, Jonathan Matuszewski from Jefferies reiterated a Buy rating on Lowe’s, with a price target of $278.00. The company’s shares closed last Wednesday at $221.05, close to its 52-week low of $211.80.

According to TipRanks.com, Matuszewski is a 4-star analyst with an average return of 5.4% and a 48.3% success rate. Matuszewski covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Somnigroup International, and Dick’s Sporting Goods. ;'>

Currently, the analyst consensus on Lowe’s is a Moderate Buy with an average price target of $273.55, representing a 27.8% upside. In a report issued on May 14, Wells Fargo also upgraded the stock to Buy with a $260.00 price target.

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Hasbro (HAS)

In a report released today, Megan Alexander from Morgan Stanley reiterated a Buy rating on Hasbro, with a price target of $124.00. The company’s shares closed last Wednesday at $88.60.

Alexander has an average return of 25.9% when recommending Hasbro. ;'>

According to TipRanks.com, Alexander is ranked #9475 out of 12252 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hasbro with a $113.78 average price target, implying a 27.8% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $108.00 price target.

Victoria’s Secret (VSCO)

UBS analyst Mauricio Serna reiterated a Buy rating on Victoria’s Secret today and set a price target of $81.00. The company’s shares closed last Wednesday at $47.71, close to its 52-week high of $48.73.

According to TipRanks.com, Serna is a 3-star analyst with an average return of 4.3% and a 40.5% success rate. Serna covers the NA sector, focusing on stocks such as Wolverine World Wide, G-III Apparel Group, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Victoria’s Secret with a $66.67 average price target, representing a 49.7% upside. In a report issued on May 8, Wells Fargo also upgraded the stock to Buy with a $57.00 price target.

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