There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Oxford Industries (OXM – Research Report) and Home Depot (HD – Research Report) with bullish sentiments.
Oxford Industries (OXM)
In a report released today, Ashley Owens from KeyBanc maintained a Buy rating on Oxford Industries. The company’s shares closed last Thursday at $112.40, close to its 52-week high of $113.88.
According to TipRanks.com, Owens is a 3-star analyst with an average return of
Currently, the analyst consensus on Oxford Industries is a Moderate Buy with an average price target of $104.00.
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Home Depot (HD)
In a report released today, Seth Sigman from Barclays maintained a Buy rating on Home Depot, with a price target of $372.00. The company’s shares closed last Thursday at $383.60, close to its 52-week high of $396.87.
According to TipRanks.com, Sigman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $385.23 average price target, implying a -0.5% downside from current levels. In a report issued on March 18, Mizuho Securities also initiated coverage with a Buy rating on the stock with a $415.00 price target.
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Read More on OXM:
- Oxford Industries down 5% at $106.38 after Q4 miss, below-consensus guide
- Oxford Industries sees FY24 adjusted EPS $9.30-$9.70, consensus $10.21
- Oxford Industries sees Q1 adjusted EPS $2.60-$2.80, consensus $3.58
- Oxford Industries reports Q4 adjusted EPS $1.90, consensus $1.95
- OXM Upcoming Earnings Report: What to Expect?
