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Analysts Offer Insights on Consumer Cyclical Companies: Ardagh Metal Packaging (AMBP), Beyond Inc (BYON) and Olaplex Holdings (OLPX)

Analysts fell to the sidelines weighing in on Ardagh Metal Packaging (AMBPResearch Report), Beyond Inc (BYONResearch Report) and Olaplex Holdings (OLPXResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Ardagh Metal Packaging (AMBP)

In a report released today, Michael Leithead from Barclays maintained a Hold rating on Ardagh Metal Packaging, with a price target of $4.00. The company’s shares closed last Friday at $3.94, close to its 52-week high of $4.17.

According to TipRanks.com, Leithead is a 4-star analyst with an average return of 5.9% and a 59.6% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

The word on The Street in general, suggests a Hold analyst consensus rating for Ardagh Metal Packaging with a $3.69 average price target, which is a -8.0% downside from current levels. In a report issued on April 26, RBC Capital also maintained a Hold rating on the stock with a $4.00 price target.

See today’s best-performing stocks on TipRanks >>

Beyond Inc (BYON)

In a report released today, Seth Sigman from Barclays maintained a Hold rating on Beyond Inc, with a price target of $30.00. The company’s shares closed last Friday at $22.28.

According to TipRanks.com, Sigman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.1% and a 50.9% success rate. Sigman covers the NA sector, focusing on stocks such as Driven Brands Holdings, Floor & Decor Holdings, and Advance Auto Parts.

Currently, the analyst consensus on Beyond Inc is a Moderate Buy with an average price target of $37.80, implying an 80.3% upside from current levels. In a report issued on April 23, Bank of America Securities also maintained a Hold rating on the stock.

Olaplex Holdings (OLPX)

In a report released today, Lauren Lieberman from Barclays maintained a Hold rating on Olaplex Holdings, with a price target of $2.00. The company’s shares closed last Friday at $1.61, close to its 52-week low of $1.19.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 2.2% and a 54.7% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Edgewell Personal Care, and Constellation Brands.

Olaplex Holdings has an analyst consensus of Hold, with a price target consensus of $1.89, implying a 12.5% upside from current levels. In a report issued on May 3, Telsey Advisory also maintained a Hold rating on the stock with a $2.00 price target.

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