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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Wingstop (WING), The Lovesac Company (LOVE) and Wesfarmers Limited (OtherWFAFF)

Tipranks - Wed Jun 10, 7:24PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Wingstop (WING), The Lovesac Company (LOVE) and Wesfarmers Limited (WFAFF).

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Wingstop (WING)

In a report released yesterday, Dennis Geiger from UBS maintained a Hold rating on Wingstop, with a price target of $160.00. The company’s shares closed last Tuesday at $143.86.

According to TipRanks.com, Geiger is a 2-star analyst with an average return of 0.6% and a 48.9% success rate. Geiger covers the NA sector, focusing on stocks such as Restaurant Brands International, Papa John’s International, and Brinker International. ;'>

Wingstop has an analyst consensus of Strong Buy, with a price target consensus of $236.57, implying a 67.4% upside from current levels. In a report issued on May 31, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $162.00 price target.

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The Lovesac Company (LOVE)

Craig-Hallum analyst Eric Des Lauriers maintained a Buy rating on The Lovesac Company yesterday. The company’s shares closed last Tuesday at $16.58, close to its 52-week low of $15.22.

According to TipRanks.com, Lauriers is a 5-star analyst with an average return of 12.6% and a 50.5% success rate. Lauriers covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, Vita Coco Company, and Mama’s Creations. ;'>

Currently, the analyst consensus on The Lovesac Company is a Strong Buy with an average price target of $24.00.

Wesfarmers Limited (WFAFF)

Morgan Stanley analyst Melinda Baxter maintained a Hold rating on Wesfarmers Limited today and set a price target of A$78.70. The company’s shares closed last Monday at $56.00.

According to TipRanks.com, Baxter has 0 stars on 0-5 stars ranking scale with an average return of -7.1% and a 38.9% success rate. Baxter covers the NA sector, focusing on stocks such as Domino’s Pizza Enterprises Limited, Harvey Norman Holdings Ltd, and Aristocrat Leisure. ;'>

Currently, the analyst consensus on Wesfarmers Limited is a Hold with an average price target of $53.92, which is a -3.7% downside from current levels. In a report issued on May 29, Jarden also maintained a Hold rating on the stock with a A$75.30 price target.

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