Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Starbucks (SBUX – Research Report), Graphic Packaging (GPK – Research Report) and Leslie’s (LESL – Research Report).
Starbucks (SBUX)
In a report issued on April 30, David Tarantino from Robert W. Baird maintained a Hold rating on Starbucks, with a price target of $84.00. The company’s shares closed last Wednesday at $74.44.
According to TipRanks.com, Tarantino is a 5-star analyst with an average return of
Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $90.61, which is a 19.5% upside from current levels. In a report released yesterday, William Blair also downgraded the stock to Hold.
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Graphic Packaging (GPK)
Robert W. Baird analyst Ghansham Panjabi maintained a Buy rating on Graphic Packaging yesterday and set a price target of $30.00. The company’s shares closed last Wednesday at $26.04.
According to TipRanks.com, Panjabi 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 Graphic Packaging with a $30.25 average price target, implying a 16.9% upside from current levels. In a report released yesterday, Seaport Global also initiated coverage with a Buy rating on the stock with a $30.00 price target.
Leslie’s (LESL)
In a report issued on April 30, Justin Kleber from Robert W. Baird maintained a Hold rating on Leslie’s, with a price target of $6.50. The company’s shares closed last Wednesday at $4.13, close to its 52-week low of $3.79.
According to TipRanks.com, Kleber is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Leslie’s with a $7.17 average price target.
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Read More on SBUX:
- SBUX Earnings: Q2 Miss and Guidance Cut Hurt Stock
- Starbucks cuts FY24 EPS view to ‘flat to up low single digits’ from up 15%-20%
- Starbucks says working to address overnight and weekend demand potential
- Starbucks CEO sees ‘three execution opportunities’ in U.S. business
- Starbucks says still see effects of slower than expected recovery in China
