Analysts have been closely watching three major consumer cyclical companies this week: Intercontinental Hotels Group (IHG), Las Vegas Sands (LVS), and Nike (NKE). Bank of America Securities analyst Kate Xiao reiterated a Buy rating on IHG, setting a price target of $192.00. The stock closed last Wednesday at $170.88, and Xiao has a 6.0% average return when recommending IHG. The broader analyst consensus for IHG is a Strong Buy, with an average price target of $188.60.
Meanwhile, Shaun Kelley from Bank of America Securities maintained a Hold rating on Las Vegas Sands, with a price target of $45.00. The stock closed at $37.51 last Wednesday, near its 52-week low of $36.62. Kelley, a 3-star analyst, has a 2.0% average return and a 50.8% success rate. The consensus rating for LVS is a Moderate Buy, with an average price target of $52.58, suggesting a 38.2% upside from current levels. Wells Fargo also kept a Hold rating on LVS, with a $40.00 price target.
BTIG analyst Robert Drbul maintained a Buy rating on Nike, setting a price target of $50.00. The stock closed at $37.53 last Wednesday. Drbul, a 4-star analyst, has a 5.8% average return and a 53.1% success rate. The consensus rating for Nike is a Hold, with an average price target of $36.58, indicating a -3.2% downside from current levels. Bernstein also maintained a Buy rating on Nike, with a $45.00 price target.