There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Restaurant Brands International (QSR – Research Report) and Best Buy Co (BBY – Research Report) with bullish sentiments.
Restaurant Brands International (QSR)
Loop Capital Markets analyst Alton Stump maintained a Buy rating on Restaurant Brands International today and set a price target of $86.00. The company’s shares closed last Monday at $75.31, close to its 52-week high of $78.30.
According to TipRanks.com, Stump is a 4-star analyst with an average return of
Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $78.13.
See today’s best-performing stocks on TipRanks >>
Best Buy Co (BBY)
Loop Capital Markets analyst Anthony Chukumba reiterated a Buy rating on Best Buy Co today and set a price target of $90.00. The company’s shares closed last Monday at $77.32.
According to TipRanks.com, Chukumba is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Best Buy Co with a $74.87 average price target, which is a -3.4% downside from current levels. In a report issued on December 11, Jefferies also upgraded the stock to Buy with a $89.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on QSR:
- Restaurant Brands price target raised to $81 from $77 at TD Cowen
- Snap upgraded, Okta downgraded: Wall Street’s top analyst calls
- Bernstein upgrades Restaurant Brands, says ‘reclaiming its magic’
- Restaurant Brands upgraded to Outperform from Market Perform at Bernstein
- Pershing Square boosts Howard Hughes, cuts Lowe’s in Q3
