tiprankstipranks
Blurbs

Analysts Are Bullish on Top Consumer Goods Stocks: O’Reilly Auto (ORLY), VF (VFC)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on O’Reilly Auto (ORLYResearch Report), VF (VFCResearch Report) and Amazon (AMZNResearch Report) with bullish sentiments.

O’Reilly Auto (ORLY)

In a report issued on July 29, Greg Melich from Evercore ISI maintained a Buy rating on O’Reilly Auto, with a price target of $745.00. The company’s shares closed last Friday at $703.59.

According to TipRanks.com, Melich is a 3-star analyst with an average return of 1.8% and a 49.0% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Advance Auto Parts, and Best Buy Co.

Currently, the analyst consensus on O’Reilly Auto is a Strong Buy with an average price target of $739.20, which is a 5.2% upside from current levels. In a report issued on July 18, Wells Fargo also maintained a Buy rating on the stock with a $750.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

VF (VFC)

According to TipRanks.com, Saad has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.5% and a 34.6% success rate. Saad covers the Consumer Goods sector, focusing on stocks such as Burlington Stores, Victoria’s Secret, and Levi Strauss & Co.

Currently, the analyst consensus on VF is a Moderate Buy with an average price target of $52.63, representing a 10.8% upside. In a report issued on July 21, BTIG also maintained a Buy rating on the stock with a $67.00 price target.

Amazon (AMZN)

Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Amazon on July 28 and set a price target of $150.00. The company’s shares closed last Friday at $134.95.

According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 10.1% and a 50.9% success rate. Sebastian covers the Technology sector, focusing on stocks such as Playtika Holding, Corsair Gaming, and Meta Platforms.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $176.12 average price target, which is a 30.6% upside from current levels. In a report issued on July 15, Evercore ISI also maintained a Buy rating on the stock with a $180.00 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 ORLY:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More