Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Gildan Activewear (GIL – Research Report), Wesfarmers Limited (WFAFF – Research Report) and Mister Car Wash (MCW – Research Report).
Gildan Activewear (GIL)
In a report released yesterday, Tom Callaghan from RBC Capital reiterated a Buy rating on Gildan Activewear, with a price target of $41.00. The company’s shares closed last Wednesday at $35.16.
According to TipRanks.com, Callaghan is ranked #4284 out of 8729 analysts.
Gildan Activewear has an analyst consensus of Moderate Buy, with a price target consensus of $38.80, implying a 10.3% upside from current levels. In a report issued on February 9, Scotiabank also maintained a Buy rating on the stock with a $40.50 price target.
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Wesfarmers Limited (WFAFF)
In a report released today, Michael Simotas from Jefferies maintained a Hold rating on Wesfarmers Limited, with a price target of A$60.00. The company’s shares closed last Thursday at $40.50, equals to its 52-week high of $40.50.
According to TipRanks.com, Simotas is ranked #4124 out of 8729 analysts.
Currently, the analyst consensus on Wesfarmers Limited is a Moderate Sell with an average price target of $36.36, representing a -10.2% downside. In a report issued on February 16, Macquarie also downgraded the stock to Hold with a A$61.20 price target.
Mister Car Wash (MCW)
Wells Fargo analyst David Lantz maintained a Buy rating on Mister Car Wash yesterday and set a price target of $11.00. The company’s shares closed last Wednesday at $8.70.
According to TipRanks.com, Lantz is ranked #3270 out of 8729 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mister Car Wash with a $10.50 average price target, implying a 17.7% upside from current levels. In a report issued on February 15, Robert W. Baird also maintained a Buy rating on the stock with a $12.00 price target.
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Read More on GIL:
- GIL Earnings: Gildan Activewear Posts Q4 Beat; Boosts Dividend
- Gildan Activewear Reports Strong Fourth Quarter Results and Initiates Guidance for 2024
- Gildan Activewear sees FY24 adjusted EPS $2.92-$3.07, consensus $3.00
- Gildan Activewear reports Q4 adjusted EPS 75c, consensus 73c
- GIL Upcoming Earnings Report: What to Expect?
