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Analysts Are Bullish on Top Consumer Cyclical Stocks: Restaurant Brands International (QSR), Aritzia (ATZAF)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Restaurant Brands International (QSRResearch Report) and Aritzia (ATZAFResearch Report) with bullish sentiments.

Restaurant Brands International (QSR)

In a report released today, George Doumet from Scotiabank maintained a Buy rating on Restaurant Brands International, with a price target of $80.00. The company’s shares closed last Wednesday at $75.38.

According to TipRanks.com, Doumet is a 3-star analyst with an average return of 1.9% and a 53.5% success rate. Doumet covers the NA sector, focusing on stocks such as Gildan Activewear, Canadian Tire, and Dollarama.

Restaurant Brands International has an analyst consensus of Moderate Buy, with a price target consensus of $84.64, which is a 13.2% upside from current levels. In a report issued on February 8, TD Cowen also maintained a Buy rating on the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

Aritzia (ATZAF)

TD Securities analyst Brian Morrison maintained a Buy rating on Aritzia today and set a price target of C$45.00. The company’s shares closed last Tuesday at $27.85.

Morrison has an average return of 21.7% when recommending Aritzia.

According to TipRanks.com, Morrison is ranked #1276 out of 8716 analysts.

Currently, the analyst consensus on Aritzia is a Strong Buy with an average price target of $29.46, implying a 4.5% upside from current levels. In a report issued on February 8, UBS also maintained a Buy rating on the stock with a C$50.00 price target.

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