Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Amazon (AMZN – Research Report) and McDonald’s (MCD – Research Report).
Amazon (AMZN)
In a report released today, Rohit Kulkarni from Roth MKM maintained a Buy rating on Amazon, with a price target of $205.00. The company’s shares closed last Monday at $183.62, close to its 52-week high of $189.77.
According to TipRanks.com, Kulkarni is a 5-star analyst with an average return of
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $210.92, implying a 12.5% upside from current levels. In a report issued on April 4, Evercore ISI also maintained a Buy rating on the stock with a $220.00 price target.
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McDonald’s (MCD)
In a report released yesterday, Jon Tower from Citi maintained a Hold rating on McDonald’s, with a price target of $297.00. The company’s shares closed last Monday at $266.23.
According to TipRanks.com, Tower is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for McDonald’s with a $321.13 average price target, implying a 19.9% upside from current levels. In a report issued on April 3, Erste Group also downgraded the stock to Hold.
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