tiprankstipranks
Blurbs

Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Installed Building Products (IBP), Spectrum Brands Holdings (SPB) and CarGurus (CARG)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Installed Building Products (IBPResearch Report), Spectrum Brands Holdings (SPBResearch Report) and CarGurus (CARGResearch Report).

Installed Building Products (IBP)

RBC Capital analyst Michael Dahl maintained a Hold rating on Installed Building Products yesterday and set a price target of $220.00. The company’s shares closed last Thursday at $236.78.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 8.1% and a 58.8% success rate. Dahl covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Masonite International.

Currently, the analyst consensus on Installed Building Products is a Moderate Buy with an average price target of $281.13.

See Insiders’ Hot Stocks on TipRanks >>

Spectrum Brands Holdings (SPB)

RBC Capital analyst Nik Modi maintained a Buy rating on Spectrum Brands Holdings yesterday and set a price target of $114.00. The company’s shares closed last Thursday at $94.61, close to its 52-week high of $95.27.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 6.9% and a 61.0% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Mondelez International, and Constellation Brands.

Spectrum Brands Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $104.50.

CarGurus (CARG)

RBC Capital analyst Brad Erickson maintained a Buy rating on CarGurus yesterday and set a price target of $27.00. The company’s shares closed last Thursday at $22.28.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 18.9% and a 54.3% success rate. Erickson covers the Technology sector, focusing on stocks such as Uber Technologies, Squarespace, and GoDaddy.

CarGurus has an analyst consensus of Moderate Buy, with a price target consensus of $27.17, a 22.2% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $28.00 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.

Read More on IBP:

Trending

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

Popular Articles