There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on First Watch Restaurant Group (FWRG – Research Report) and Rollins (ROL – Research Report) with bullish sentiments.
First Watch Restaurant Group (FWRG)
Bank of America Securities analyst Sara Senatore maintained a Buy rating on First Watch Restaurant Group today. The company’s shares closed last Monday at $18.74.
According to TipRanks.com, Senatore is a 4-star analyst with an average return of
First Watch Restaurant Group has an analyst consensus of Strong Buy, with a price target consensus of $26.50, a 41.2% upside from current levels. In a report issued on May 8, Barclays also maintained a Buy rating on the stock with a $27.00 price target.
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Rollins (ROL)
In a report released today, Heather Balsky from Bank of America Securities maintained a Buy rating on Rollins, with a price target of $54.00. The company’s shares closed last Monday at $46.24, close to its 52-week high of $47.69.
According to TipRanks.com, Balsky is ranked #2662 out of 8867 analysts.
Rollins has an analyst consensus of Moderate Buy, with a price target consensus of $49.71, representing a 7.5% upside. In a report issued on May 17, RBC Capital also maintained a Buy rating on the stock with a $52.00 price target.
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Read More on FWRG:
- First Watch Restaurant price target lowered to $25 from $26 at TD Cowen
- First Watch Restaurant price target lowered to $27 from $29 at Barclays
- First Watch Releases Informative Supplemental Financial Presentation
- First Watch Restaurant sees FY24 revenue growth 17%-19%, consensus $1.05B
- First Watch Restaurant reports Q1 EPS 12c, consensus 9c
