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Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Chuy’s Holdings (CHUY), Installed Building Products (IBP) and CarGurus (CARG)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Chuy’s Holdings (CHUYResearch Report), Installed Building Products (IBPResearch Report) and CarGurus (CARGResearch Report).

Chuy’s Holdings (CHUY)

Benchmark Co. analyst Todd Brooks maintained a Buy rating on Chuy’s Holdings today and set a price target of $41.00. The company’s shares closed last Thursday at $29.72, close to its 52-week low of $28.73.

According to TipRanks.com, Brooks is a 3-star analyst with an average return of 4.0% and a 43.2% success rate. Brooks covers the NA sector, focusing on stocks such as GEN Restaurant Group, Inc. Class A, Papa John’s International, and The Chefs’ Warehouse.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chuy’s Holdings with a $37.80 average price target.

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

Installed Building Products (IBP)

Truist Financial analyst Keith Hughes maintained a Hold rating on Installed Building Products today. The company’s shares closed last Thursday at $236.78.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 24.2% and a 69.0% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Beacon Roofing Supply.

Currently, the analyst consensus on Installed Building Products is a Moderate Buy with an average price target of $290.57, a 25.2% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $220.00 price target.

CarGurus (CARG)

Oppenheimer analyst Jed Kelly maintained a Buy rating on CarGurus today and set a price target of $30.00. The company’s shares closed last Thursday at $22.28.

According to TipRanks.com, Kelly is a 3-star analyst with an average return of 1.3% and a 44.8% success rate. Kelly covers the NA sector, focusing on stocks such as Rush Street Interactive, Booking Holdings, and Sonder Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CarGurus with a $27.67 average price target, which is a 24.5% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $28.00 price target.

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