Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Home Depot (HD – Research Report) and Driven Brands Holdings (DRVN – Research Report).
Home Depot (HD)
RBC Capital analyst Steven Shemesh maintained a Hold rating on Home Depot yesterday and set a price target of $377.00. The company’s shares closed last Friday at $371.96, close to its 52-week high of $374.25.
According to TipRanks.com, Shemesh has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $377.60 average price target, implying a 1.5% upside from current levels. In a report issued on February 15, Telsey Advisory also maintained a Hold rating on the stock.
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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 $20.00. The company’s shares closed last Friday at $13.46, close to its 52-week low of $10.61.
According to TipRanks.com, Lawrence is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Driven Brands Holdings with a $18.38 average price target, a 41.8% upside from current levels. In a report issued on February 20, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $18.00 price target.
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Read More on HD:
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- NLRB rules employee’s ‘Black Lives Matter’ action at Home Depot was protected
- Palo Alto Networks, Home Depot downgraded: Wall Street’s top analyst calls
- Home Depot price target raised to $380 from $375 at Morgan Stanley
