BP, Conagra, Mattel, Pepsi, UnitedHealth and More Wednesday Afternoon Analyst Calls

Investing

Published: April 21, 2021 12:10 pm

Last Updated: June 15, 2021 1:42 pm

With the trading day roughly halfway over, the broad markets were pushing higher for the first time this week. After suffering about a 1% loss across the board, the Dow Jones industrial average, Nasdaq and S&P 500 all bounced back in Wednesday’s session.

24/7 Wall St. is looking at some big analyst calls seen so far on Wednesday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.

For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Wednesday that included AutoZone, Coinbase, CSX, Morgan Stanley, Netflix, Oracle and more.

Aclaris Therapeutics Inc. (NASDAQ: ACRS): H.C. Wainwright initiated coverage with a Buy rating and a $40 price target. The shares traded near $27 on Wednesday, in a 52-week trading range of $1.02 to $30.38. The consensus price target is $29.33.

BP PLC (NYSE: BP): Deutsche Bank started coverage with a Hold rating. The stock traded near $25 on Wednesday, in a 52-week range of $14.74 to $28.57. The consensus analyst target is $30.55.

Conagra Brands Inc. (NYSE: CAG): Citigroup initiated it with a Neutral rating and a $42 price target. The stock traded near $38 on Wednesday, in a 52-week range of $31.66 to $39.34. It has a consensus price target of $38.53.

Jack in the Box Inc. (NASDAQ: JACK): Deutsche Bank lowered its Buy rating to Hold and has a $119 price target. On Wednesday, the stock traded around $116. The 52-week trading range is $52.83 to $121.81. Its consensus analyst target is $115.06.

Mattel Inc. (NASDAQ: MAT): Berenberg upgraded it to a Buy rating from Hold and raised its price target to $25 from $14. The shares changed hands around $21 on Wednesday. The 52-week trading range is $7.54 to $21.87. The consensus price target is $21.51.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH): The Goldman Sachs upgrade to Buy from Neutral included a price target hike to $37 from $27. The consensus price target is $30.91. Shares traded around $28 on Wednesday, in the 52-week range of $9.24 to $34.49.

PepsiCo Inc. (NASDAQ: PEP): UBS upgraded it to Buy from Neutral and raised its price target to $165 from $145. Shares traded around $147 on Wednesday, in the 52-week range of $126.53 to $148.77. The consensus price target is $153.73.

UnitedHealth Group Inc. (NYSE: UNH): Argus upgraded its Hold rating to Buy and has a $450 price target. The stock traded around $397 on Wednesday. The 52-week trading range is $273.71 to $401.48. Its consensus analyst target is $429.65.

ALSO READ: What’s Up With Apple: iOS 14.5 Coming Next Week, Apple Goes to Washington, and More

Some recent IPOs are down more than 50% from the highs printed not long after their debuts. Four of these companies offer stellar technologies and applications, and aggressive investors with a longer time frame could make some huge gains with a little patience.

Furthermore, see what Deutsche Bank found to love in BP and other European oil giants.

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.