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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: AutoNation (AN), Newell Brands (NWL) and Mohawk (MHK)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on AutoNation (ANResearch Report), Newell Brands (NWLResearch Report) and Mohawk (MHKResearch Report).

AutoNation (AN)

In a report released yesterday, Colin Langan from Wells Fargo maintained a Hold rating on AutoNation, with a price target of $169.00. The company’s shares closed last Friday at $169.88.

According to TipRanks.com, Langan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.4% and a 47.1% success rate. Langan covers the NA sector, focusing on stocks such as Magna International, Rivian Automotive, and General Motors.

AutoNation has an analyst consensus of Moderate Buy, with a price target consensus of $173.25.

See the top stocks recommended by analysts >>

Newell Brands (NWL)

Wells Fargo analyst Christopher Carey maintained a Hold rating on Newell Brands yesterday and set a price target of $8.00. The company’s shares closed last Friday at $7.79.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 5.0% and a 53.5% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Newell Brands with a $7.58 average price target, a -0.1% downside from current levels. In a report issued on April 24, RBC Capital also maintained a Hold rating on the stock with a $7.50 price target.

Mohawk (MHK)

Wells Fargo analyst Sam Reid maintained a Sell rating on Mohawk yesterday and set a price target of $120.00. The company’s shares closed last Friday at $115.45.

According to TipRanks.com, Reid is a 3-star analyst with an average return of 6.2% and a 57.1% success rate. Reid covers the NA sector, focusing on stocks such as Toll Brothers, PulteGroup, and DR Horton.

Currently, the analyst consensus on Mohawk is a Hold with an average price target of $123.60, implying a 4.8% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Sell rating on the stock with a $114.00 price target.

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