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Analysts Offer Insights on Consumer Cyclical Companies: Olaplex Holdings (OLPX) and CCL Industries (OtherCCDBF)

Analysts fell to the sidelines weighing in on Olaplex Holdings (OLPXResearch Report) and CCL Industries (CCDBFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Olaplex Holdings (OLPX)

Telsey Advisory analyst Dana Telsey maintained a Hold rating on Olaplex Holdings today and set a price target of $2.00. The company’s shares closed last Wednesday at $2.07, close to its 52-week low of $1.35.

According to TipRanks.com, Telsey is a 3-star analyst with an average return of 2.0% and a 44.3% success rate. Telsey covers the NA sector, focusing on stocks such as The Estée Lauder Companies, Birkenstock Holding plc, and Wolverine World Wide.

Olaplex Holdings has an analyst consensus of Hold, with a price target consensus of $1.89, a -12.1% downside from current levels. In a report issued on February 15, Barclays also assigned a Hold rating to the stock with a $2.00 price target.

See today’s best-performing stocks on TipRanks >>

CCL Industries (CCDBF)

In a report released today, Daryl Young from Stifel Nicolaus maintained a Hold rating on CCL Industries, with a price target of C$65.00. The company’s shares closed last Wednesday at $43.22.

According to TipRanks.com, Young is ranked #1349 out of 8729 analysts.

CCL Industries has an analyst consensus of Strong Buy, with a price target consensus of $53.38.

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