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Analysts Are Bullish on Top Consumer Cyclical Stocks: Boyd Group Services (BYDGF), Driven Brands Holdings (DRVN)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Boyd Group Services (BYDGFResearch Report), Driven Brands Holdings (DRVNResearch Report) and Home Depot (HDResearch Report) with bullish sentiments.

Boyd Group Services (BYDGF)

In a report released today, Sabahat Khan from RBC Capital maintained a Buy rating on Boyd Group Services, with a price target of C$348.00. The company’s shares closed last Friday at $233.01, close to its 52-week high of $244.81.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 5.7% and a 54.0% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Jacobs Solutions, Aecom Technology, and Ritchie Bros.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boyd Group Services with a $237.37 average price target, which is a -3.0% downside from current levels. In a report issued on February 14, BMO Capital also reiterated a Buy rating on the stock with a C$350.00 price target.

See the top stocks recommended by analysts >>

Driven Brands Holdings (DRVN)

In a report released today, John Lawrence from Benchmark Co. maintained a Buy rating on Driven Brands Holdings, with a price target of $25.00. The company’s shares closed last Friday at $14.20.

According to TipRanks.com, Lawrence is a 4-star analyst with an average return of 13.5% and a 73.5% success rate. Lawrence covers the NA sector, focusing on stocks such as Casey’s General, Hibbett Sports, and Tractor Supply.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Driven Brands Holdings with a $19.75 average price target, a 44.2% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $18.00 price target.

Home Depot (HD)

The company’s shares closed last Friday at $362.35, close to its 52-week high of $368.72.

According to TipRanks.com, Kleber is a 4-star analyst with an average return of 12.1% and a 58.7% success rate. Kleber covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Sportsman’s Warehouse.

Home Depot has an analyst consensus of Moderate Buy, with a price target consensus of $376.31, which is a 4.3% upside from current levels. In a report issued on February 7, Bank of America Securities also maintained a Buy rating on the stock with a $372.00 price target.

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