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Analysts Offer Insights on Consumer Cyclical Companies: Tractor Supply (TSCO), AutoZone (AZO) and Dollar General (DG)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Tractor Supply (TSCOResearch Report), AutoZone (AZOResearch Report) and Dollar General (DGResearch Report).

Tractor Supply (TSCO)

In a report released yesterday, Oliver Wintermantel from Evercore ISI maintained a Buy rating on Tractor Supply, with a price target of $280.00. The company’s shares closed last Tuesday at $258.06, close to its 52-week high of $268.02.

Wintermantel has an average return of 12.4% when recommending Tractor Supply.

According to TipRanks.com, Wintermantel is ranked #1890 out of 8761 analysts.

Tractor Supply has an analyst consensus of Moderate Buy, with a price target consensus of $241.83, representing a -6.5% downside. In a report issued on March 25, Wells Fargo also maintained a Buy rating on the stock with a $285.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

AutoZone (AZO)

In a report released yesterday, Greg Melich from Evercore ISI maintained a Buy rating on AutoZone, with a price target of $3400.00. The company’s shares closed last Tuesday at $3191.48, close to its 52-week high of $3256.37.

According to TipRanks.com, Melich is a 4-star analyst with an average return of 8.4% and a 62.7% success rate. Melich covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Genuine Parts Company.

AutoZone has an analyst consensus of Strong Buy, with a price target consensus of $3310.56, which is a 4.5% upside from current levels. In a report issued on March 18, Mizuho Securities also initiated coverage with a Buy rating on the stock with a $3450.00 price target.

Dollar General (DG)

Evercore ISI analyst Michael Montani maintained a Hold rating on Dollar General yesterday and set a price target of $162.00. The company’s shares closed last Tuesday at $150.66.

According to TipRanks.com, Montani is a 3-star analyst with an average return of 2.1% and a 50.0% success rate. Montani covers the NA sector, focusing on stocks such as Casey’s General, Dollar Tree, and Five Below.

Dollar General has an analyst consensus of Moderate Buy, with a price target consensus of $157.69, which is a 4.0% upside from current levels. In a report issued on March 12, J.P. Morgan also upgraded the stock to Hold with a $158.00 price target.

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