There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Dick’s Sporting Goods (DKS – Research Report), Trip.com Group Ltd. Sponsored ADR (TCOM – Research Report) and Ulta Beauty (ULTA – Research Report) with bullish sentiments.
Dick’s Sporting Goods (DKS)
Oppenheimer analyst Brian Nagel maintained a Buy rating on Dick’s Sporting Goods today and set a price target of $190.00. The company’s shares closed last Thursday at $216.81, close to its 52-week high of $222.92.
According to TipRanks.com, Nagel is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dick’s Sporting Goods with a $209.00 average price target, a 0.1% upside from current levels. In a report released yesterday, Williams Trading also upgraded the stock to Buy with a $235.00 price target.
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Trip.com Group Ltd. Sponsored ADR (TCOM)
Morgan Stanley analyst Alex Poon maintained a Buy rating on Trip.com Group Ltd. Sponsored ADR today and set a price target of $60.00. The company’s shares closed last Thursday at $43.87.
According to TipRanks.com, Poon is a 4-star analyst with an average return of
Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $54.92, a 25.2% upside from current levels. In a report issued on March 6, TD Cowen also maintained a Buy rating on the stock with a $53.00 price target.
Ulta Beauty (ULTA)
Oppenheimer analyst Rupesh Parikh maintained a Buy rating on Ulta Beauty today and set a price target of $600.00. The company’s shares closed last Thursday at $565.44, close to its 52-week high of $574.76.
According to TipRanks.com, Parikh is a 5-star analyst with an average return of
Ulta Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $595.53, a 4.0% upside from current levels. In a report issued on March 5, UBS also maintained a Buy rating on the stock with a $690.00 price target.
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Read More on DKS:
- DKS Earnings: Dick’s Sporting Goods Surges on Record Sales and Upbeat Q4 Results
- Dick’s Sporting Goods: New Sales Metrics and Dividend Announcement
- Dick’s Sporting Chairman says ‘we are very pleased with our results’
- DICK’S Sporting Goods Reports Fourth Quarter and Full Year 2023 Results; Delivers Largest Sales Quarter in Company History
- Dick’s Sporting sees FY24 CapEx ~$900M on gross basis; ~$800M on net basis
