Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Wolverine World Wide (WWW), Topgolf Callaway Brands (MODG) and Airbnb (ABNB)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Wolverine World Wide (WWW – Research Report), Topgolf Callaway Brands (MODG – Research Report) and Airbnb (ABNB – Research Report).

Wolverine World Wide (WWW)

Wolverine World Wide received a Buy rating and a $16.00 price target from Williams Trading analyst Sam Poser today. The company’s shares closed last Wednesday at $12.74.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 17.4% and a 53.6% success rate. Poser covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Dick’s Sporting Goods, and Hibbett Sports.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wolverine World Wide with a $12.50 average price target, representing a 4.9% upside. In a report issued on May 6, Seaport Global also upgraded the stock to Buy with a $15.00 price target.

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Topgolf Callaway Brands (MODG)

J.P. Morgan analyst Matthew Boss maintained a Hold rating on Topgolf Callaway Brands today and set a price target of $15.00. The company’s shares closed last Wednesday at $16.35.

According to TipRanks.com, Boss is a 3-star analyst with an average return of 0.5% and a 48.0% success rate. Boss covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Savers Value Village Inc., and United Parks & Resorts.

Currently, the analyst consensus on Topgolf Callaway Brands is a Moderate Buy with an average price target of $20.67.

Airbnb (ABNB)

RBC Capital analyst Brad Erickson reiterated a Hold rating on Airbnb yesterday and set a price target of $150.00. The company’s shares closed last Wednesday at $157.90.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 18.6% and a 52.9% success rate. Erickson covers the Technology sector, focusing on stocks such as Uber Technologies, Squarespace, and GoDaddy.

The word on The Street in general, suggests a Hold analyst consensus rating for Airbnb with a $152.86 average price target, which is a -2.7% downside from current levels. In a report issued on April 23, Deutsche Numis also maintained a Hold rating on the stock with a $158.00 price target.

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Read More on WWW:

• Wolverine World Wide Announces CFO Transition and New Compensation
• Wolverine World Wide Announces $150 Million Share Buyback Plan
• Wolverine World Wide names Taryn Miller as CFO, succeeding Michael Stornant
• Wolverine World Wide sees 2024 EPS 65c-85c, consensus 75c
• Wolverine World Wide reports Q1 adjusted EPS 5c, consensus 1c