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Analysts Offer Insights on Consumer Cyclical Companies: Hibbett Sports (HIBB), NVR (NVR) and Packaging (PKG)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Hibbett Sports (HIBBResearch Report), NVR (NVRResearch Report) and Packaging (PKGResearch Report).

Hibbett Sports (HIBB)

In a report released today, Mitch Kummetz from Seaport Global reiterated a Buy rating on Hibbett Sports, with a price target of $88.00. The company’s shares closed last Wednesday at $86.36, close to its 52-week high of $86.70.

According to TipRanks.com, Kummetz is a 5-star analyst with an average return of 21.3% and a 57.5% success rate. Kummetz covers the NA sector, focusing on stocks such as Columbia Sportswear, Deckers Outdoor, and Shoe Carnival.

Hibbett Sports has an analyst consensus of Hold, with a price target consensus of $75.90.

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

NVR (NVR)

In a report released today, Kenneth Zener from Seaport Global maintained a Buy rating on NVR, with a price target of $8775.00. The company’s shares closed last Wednesday at $7765.20, close to its 52-week high of $8211.40.

Zener has an average return of 20.6% when recommending NVR.

According to TipRanks.com, Zener is ranked #401 out of 8794 analysts.

Currently, the analyst consensus on NVR is a Moderate Buy with an average price target of $8193.75, which is a 4.6% upside from current levels. In a report released today, Bank of America Securities also assigned a Buy rating to the stock with a $9000.00 price target.

Packaging (PKG)

In a report released today, Mark Weintraub from Seaport Global maintained a Hold rating on Packaging. The company’s shares closed last Wednesday at $171.99.

According to TipRanks.com, Weintraub is a 4-star analyst with an average return of 16.5% and a 77.4% success rate. Weintraub covers the NA sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Sonoco Products.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Packaging with a $158.16 average price target, implying a -7.4% downside from current levels. In a report issued on April 12, Exane BNP Paribas also downgraded the stock to Hold with a $182.00 price target.

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