Analysts Weigh In on Consumer Cyclical Stocks: Lowe's, Home Depot, and General Motors
Analysts have been weighing in on Consumer Cyclical companies, and their views vary. KeyBanc analyst Bradley Thomas has maintained a Buy rating for Lowe's (LOW), with shares closing last Wednesday at $220.00, near its 52-week low of $211.80.
Thomas, a 5-star analyst with an average return of 13.1% and a 62.0% success rate, covers the NA sector. The Moderate Buy consensus rating for Lowe's has an average price target of $263.06, representing a 21.2% upside.
In contrast, Bobby Griffin from Raymond James reiterated a Hold rating on Home Depot (HD), with shares closing last Wednesday at $344.30. Griffin is also a 5-star analyst with an average return of 17.5% and a 61.6% success rate.
Home Depot's analyst consensus is Moderate Buy, with an average price target of $384.00, representing a 12.5% upside. Wells Fargo analyst Colin Langan maintained a Sell rating on General Motors (GM), setting a price target of $61.00 and citing its shares closing last Wednesday at $84.96.
The Moderate Buy consensus rating for General Motors has an average price target of $105.88, with analysts generally having a Strong Buy view.