Analysts Split on Consumer Cyclical Stocks: McDonald's, VF, and Lucid Group
Analysts have been weighing in on Consumer Cyclical sector companies, with new ratings on McDonald's (MCD), VF (VFC) and Lucid Group (LCID).
Peter Saleh from BTIG maintained a Buy rating on McDonald's, with a price target of $350.00. The company's shares closed last Tuesday at $268.34.
According to TipRanks.com, Saleh is a 5-star analyst with an average return of 10.2% and a 60.6% success rate. He covers the NA sector, focusing on stocks such as Papa John's International, Darden Restaurants, and Texas Roadhouse.
The current analyst consensus on McDonald's is a Moderate Buy with an average price target of $322.71, representing a 19.4% upside. In a report issued on July 23, Evercore ISI also maintained a Buy rating on the stock with a $320.00 price target.
J.P. Morgan analyst Matthew Boss maintained a Sell rating on VF yesterday and set a price target of $18.00. The company's shares closed last Tuesday at $15.23.
Needham analyst Chris Pierce reiterated a Hold rating on Lucid Group today, with the company's shares closing last Tuesday at $7.78. According to TipRanks.com, Pierce is currently ranked with 0 stars and has an average return of -5.2% and a 42.6% success rate.