There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Penn National Gaming (PENN – Research Report), Sealed Air (SEE – Research Report) and Melco Resorts & Entertainment (MLCO – Research Report) with bullish sentiments.
Penn National Gaming (PENN)
Needham analyst Bernie McTernan maintained a Buy rating on Penn National Gaming today and set a price target of $32.00. The company’s shares closed last Wednesday at $16.44, close to its 52-week low of $15.88.
According to TipRanks.com, McTernan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Penn National Gaming is a Moderate Buy with an average price target of $24.83, a 51.2% upside from current levels. In a report issued on April 23, Truist Financial also upgraded the stock to Buy with a $23.00 price target.
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Sealed Air (SEE)
In a report released today, Edlain Rodriguez from Mizuho Securities maintained a Buy rating on Sealed Air, with a price target of $36.00. The company’s shares closed last Wednesday at $32.10.
According to TipRanks.com, Rodriguez is a 3-star analyst with an average return of
Sealed Air has an analyst consensus of Strong Buy, with a price target consensus of $43.13, a 36.7% upside from current levels. In a report issued on April 23, RBC Capital also maintained a Buy rating on the stock with a $43.00 price target.
Melco Resorts & Entertainment (MLCO)
Seaport Global analyst Vitaly Umansky maintained a Buy rating on Melco Resorts & Entertainment today and set a price target of $10.00. The company’s shares closed last Wednesday at $6.59, close to its 52-week low of $6.10.
According to TipRanks.com, Umansky is a 3-star analyst with an average return of
Melco Resorts & Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $9.71, a 47.6% upside from current levels. In a report issued on April 29, Susquehanna also maintained a Buy rating on the stock with a $11.00 price target.
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