Starbucks, Vail Resorts And Other Big Hotels, Restaurants & Leisure Stocks From Benzinga's Most Accurate Analysts

Starbucks, Vail Resorts And Other Big Hotels, Restaurants & Leisure Stocks From Benzinga's Most Accurate Analysts

US stocks closed higher, with the consumer discretionary sector recording sharp gains on Thursday. Hotels, restaurants & leisure stocks were among the top gainers in the sector, gaining around 1.7% in the previous session.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to a single stock, analyst ratings and price targets can vary dramatically, leaving investors confused about which analyst's opinion to trust.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Here's a look at some of the top hotels, restaurants & leisure stocks from several analysts, according to Benzinga Analyst Stock Ratings.

 

Arcos Dorados Holdings Inc. ARCO

  • Goldman Sachs analyst Richard Cathcart maintained a Buy rating on the company's stock on August 17, 2022, and raised the price target from $9 to $10. Cathcart sees over 36% upside in the stock but has an accuracy rate of 14% only.
  • B of A Securities analyst Robert Ford upgraded the stock from Neutral to Buy on March 24, 2022, and increased the price target from $7.8 to $10. Ford predicts the stock rising over 36% and has an accuracy rate of 80%.
  • Recent News: Arcos Dorados Holdings reported Q3 sales growth of 27% year-on-year to $921.7 million, beating the consensus of $902.19 million.

 

Churchill Downs Incorporated CHDN

  • JP Morgan’s analyst Omer Sander initiated coverage on the company’s stock with a Neutral rating on October 26, 2022, with a price target of $243. Sander sees around 11% increase in the company’s stock and has an accuracy rate of 58%.
  • Wells Fargo’s analyst Daniel Politzer maintained an Overweight rating on the company’s stock on October 21, 2022, and raised the price target from $255 to $275. Politzer sees around 25% surge in the stock and has an accuracy rate of 29% only.
  • Recent News: DraftKings announced a partnership with Churchill Down to launch DK Horse, a horse betting platform.

 

RCI Hospitality Holdings, Inc. RICK

  • HC Wainwright & Co. analyst Scott Buck initiated coverage on the company’s stock with a Buy rating on November 29, 2022, with a price target of $120. This analyst sees over 44% surge in the stock and has an accuracy rate of 46%.
  • Noble Capital Markets analyst Joe Gomes initiated coverage on the company’s stock with an Outperform rating on February 1, 2022, with a price target of $100. Gomes sees the stock rising 26%, and has an accuracy rate of 20% only.
  • Recent News: RCI announced acquisition of location for Rick's Cabaret Steakhouse & Casino in Colorado for $2.4 million in cash.

 

Starbucks Corporation SBUX

  • Deutsche Bank’s analyst Brian Mullan downgraded rating on the company’s stock from Buy to Hold on December 5, 2022, but raised the price target from $100 to $106. This analyst sees over 2% rise in the stock and has an accuracy rate of 64%.
  • Credit Suisse analyst Lauren Silberman maintained an Outperform rating on November 4, 2022, and raised the price target from $103 to $105. Silberman sees the stock rising over 1%, and has an accuracy rate of 76%.
  • Recent News: Michael Aaron Conway, Group President International at Starbucks, reported a large insider sell on November 28.

 

Vail Resorts, Inc. MTN

  • Deutsche Bank’s analyst Chris Woronka reiterated a Hold rating on the company’s stock on September 29, 2022, but slashed the price target from $286 to $283. This analyst sees over 12% rise in the stock and has an accuracy rate of 67%.
  • Barclays analyst Brandt Montour maintained an Underweight rating on September 29, 2022, and raised the price target from $217 to $224. Montour sees the stock dropping around 11%, and has an accuracy rate of 37%.
  • Recent News: Vail Resorts reported better-than-expected Q1 results.

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