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Analysts Offer Insights on Consumer Cyclical Companies: Costco (COST), Blue Bird (BLBD) and Deckers Outdoor (DECK)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Costco (COSTResearch Report), Blue Bird (BLBDResearch Report) and Deckers Outdoor (DECKResearch Report).

Costco (COST)

In a report released yesterday, Edward Kelly from Wells Fargo maintained a Hold rating on Costco, with a price target of $750.00. The company’s shares closed last Thursday at $785.59, close to its 52-week high of $787.08.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.4% and a 66.3% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Performance Food Group, and United Natural Foods.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $739.68 average price target, a -5.1% downside from current levels. In a report issued on March 6, CFRA also maintained a Hold rating on the stock with a $770.00 price target.

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

Blue Bird (BLBD)

In a report released today, Chris Pierce from Needham maintained a Buy rating on Blue Bird, with a price target of $44.00. The company’s shares closed last Thursday at $32.85, close to its 52-week high of $34.90.

According to TipRanks.com, Pierce has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -21.1% and a 34.4% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and ACV Auctions.

Currently, the analyst consensus on Blue Bird is a Strong Buy with an average price target of $37.25, an 8.6% upside from current levels. In a report issued on February 23, Craig-Hallum also maintained a Buy rating on the stock.

Deckers Outdoor (DECK)

TD Cowen analyst John Kernan maintained a Buy rating on Deckers Outdoor today and set a price target of $1000.00. The company’s shares closed last Thursday at $912.87, close to its 52-week high of $939.82.

According to TipRanks.com, Kernan is a 5-star analyst with an average return of 8.2% and a 55.3% success rate. Kernan covers the NA sector, focusing on stocks such as Topgolf Callaway Brands, Dick’s Sporting Goods, and Lululemon Athletica.

Currently, the analyst consensus on Deckers Outdoor is a Strong Buy with an average price target of $932.06, representing a 2.2% upside. In a report issued on February 29, Robert W. Baird also maintained a Buy rating on the stock with a $975.00 price target.

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