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Analysts Offer Insights on Consumer Cyclical Companies: Boyd Group Services (OtherBYDGF) and e.l.f. Beauty (ELF)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Boyd Group Services (BYDGFResearch Report) and e.l.f. Beauty (ELFResearch Report) with bullish sentiments.

Boyd Group Services (BYDGF)

RBC Capital analyst Sabahat Khan maintained a Buy rating on Boyd Group Services yesterday and set a price target of C$308.00. The company’s shares closed last Wednesday at $175.00, close to its 52-week low of $168.06.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 5.6% and a 52.4% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and GFL Environmental.

Currently, the analyst consensus on Boyd Group Services is a Strong Buy with an average price target of $231.06, a 24.6% upside from current levels. In a report issued on April 30, Cormark Securities also upgraded the stock to Buy with a C$300.00 price target.

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

e.l.f. Beauty (ELF)

Piper Sandler analyst Korinne Wolfmeyer maintained a Buy rating on e.l.f. Beauty today and set a price target of $216.00. The company’s shares closed last Wednesday at $168.32.

According to TipRanks.com, Wolfmeyer is a 2-star analyst with an average return of 0.0% and a 38.3% success rate. Wolfmeyer covers the NA sector, focusing on stocks such as The Estée Lauder Companies, Xponential Fitness, and Bath & Body Works.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for e.l.f. Beauty with a $212.75 average price target.

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