tiprankstipranks
Blurbs

Analysts Conflicted on These Consumer Cyclical Names: Amazon (AMZN), Lithia Motors (LAD) and Avery Dennison (AVY)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Amazon (AMZNResearch Report), Lithia Motors (LADResearch Report) and Avery Dennison (AVYResearch Report).

Amazon (AMZN)

Maxim Group analyst Tom Forte maintained a Buy rating on Amazon yesterday and set a price target of $218.00. The company’s shares closed last Wednesday at $176.59, close to its 52-week high of $189.77.

Forte has an average return of 29.1% when recommending Amazon.

According to TipRanks.com, Forte is ranked #202 out of 8795 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $213.74 average price target, implying a 18.8% upside from current levels. In a report released yesterday, Wedbush also maintained a Buy rating on the stock with a $225.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Lithia Motors (LAD)

Citi analyst Ronald Josey maintained a Hold rating on Lithia Motors yesterday and set a price target of $280.00. The company’s shares closed last Wednesday at $248.34.

According to TipRanks.com, Josey is a top 100 analyst with an average return of 23.3% and a 58.4% success rate. Josey covers the NA sector, focusing on stocks such as Getty Images Holdings, Zillow Group Class A, and Fiverr International.

Lithia Motors has an analyst consensus of Moderate Buy, with a price target consensus of $303.43, a 21.4% upside from current levels. In a report issued on April 12, Wells Fargo also maintained a Hold rating on the stock with a $290.00 price target.

Avery Dennison (AVY)

Citi analyst Anthony Pettinari maintained a Hold rating on Avery Dennison yesterday and set a price target of $230.00. The company’s shares closed last Wednesday at $212.42.

According to TipRanks.com, Pettinari is a top 100 analyst with an average return of 19.0% and a 68.5% success rate. Pettinari covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avery Dennison with a $230.56 average 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.

Read More on AMZN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles