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Analysts Are Neutral on These Consumer Cyclical Stocks: Orora Ltd. (ORRAF), Krispy Kreme (DNUT)

Analysts fell to the sidelines weighing in on Orora Ltd. (ORRAFResearch Report) and Krispy Kreme (DNUTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Orora Ltd. (ORRAF)

Jefferies analyst Richard Johnson maintained a Hold rating on Orora Ltd. today and set a price target of A$2.40. The company’s shares closed last Friday at $1.71.

According to TipRanks.com, Johnson is ranked #3972 out of 8786 analysts.

Orora Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $1.88, representing a 9.9% upside. In a report released yesterday, UBS also maintained a Hold rating on the stock with a A$2.56 price target.

See Insiders’ Hot Stocks on TipRanks >>

Krispy Kreme (DNUT)

J.P. Morgan analyst John Ivankoe maintained a Hold rating on Krispy Kreme on April 1 and set a price target of $16.00. The company’s shares closed last Tuesday at $14.91.

According to TipRanks.com, Ivankoe is a 5-star analyst with an average return of 9.3% and a 62.3% success rate. Ivankoe covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Cheesecake Factory.

Currently, the analyst consensus on Krispy Kreme is a Hold with an average price target of $15.60, a 4.4% upside from current levels. In a report issued on March 27, Truist Financial also assigned a Hold rating to the stock with a $13.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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