Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Engility Holdings (NYSE:EGL), Integrated Device Tech (NASDAQ:IDTI) and MCBC Holdings (NASDAQ:MCFT).
Engility Holdings (EGL)
B.Riley FBR analyst Christopher Van Horn maintained a Buy rating on Engility Holdings today and set a price target of $40. The company’s shares closed yesterday at $36.20, close to its 52-week high of $38.54.
According to TipRanks.com, Horn is a 4-star analyst with an average return of 8.5% and a 57.6% success rate. Horn covers the Industrial Goods sector, focusing on stocks such as Superior Industries International, Tower International, and Park-Ohio Holdings.
Engility Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $39.
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Integrated Device Tech (IDTI)
In a report released today, Karl Ackerman from Cowen & Co. downgraded Integrated Device Tech to Hold, with a price target of $49. The company’s shares closed yesterday at $42.08, close to its 52-week high of $43.95.
According to TipRanks.com, Ackerman is a 1-star analyst with an average return of -0.5% and a 35.4% success rate. Ackerman covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Ichor Holdings Ltd, and Western Digital.
Currently, the analyst consensus on Integrated Device Tech is a Moderate Buy with an average price target of $41.92, which is a -0.4% downside from current levels. In a report issued on September 4, Needham also maintained a Hold rating on the stock.
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MCBC Holdings (MCFT)
In a report released today, Craig Kennison from Robert W. Baird maintained a Buy rating on MCBC Holdings, with a price target of $42. The company’s shares closed yesterday at $36.35, close to its 52-week high of $37.57.
According to TipRanks.com, Kennison is a 5-star analyst with an average return of 19.7% and a 68.9% success rate. Kennison covers the Consumer Goods sector, focusing on stocks such as Thor Industries Inc, Fox Factory Holding, and Harley-Davidson.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MCBC Holdings with a $34.83 average price target, representing a -4.2% downside. In a report issued on September 7, B.Riley FBR also reiterated a Buy rating on the stock with a $36.50 price target.
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