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Analysts Conflicted on These Consumer Cyclical Names: AutoNation (AN) and Mercedes-Benz Group (OtherMBGAF)

Tipranks - Tue Apr 14, 2:52PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on AutoNation (AN) and Mercedes-Benz Group (MBGAF).

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AutoNation (AN)

Seaport Global analyst Glenn Chin reiterated a Buy rating on AutoNation yesterday. The company’s shares closed last Monday at $201.79.

Chin has an average return of 22.8% when recommending AutoNation. ;'>

According to TipRanks.com, Chin is ranked #4933 out of 12179 analysts.

AutoNation has an analyst consensus of Strong Buy, with a price target consensus of $243.00, which is a 22.6% upside from current levels. In a report issued on March 30, Evercore ISI also maintained a Buy rating on the stock with a $300.00 price target.

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Mercedes-Benz Group (MBGAF)

RBC Capital analyst Tom Narayan maintained a Hold rating on Mercedes-Benz Group today and set a price target of EUR56.00. The company’s shares closed last Monday at $64.20.

According to TipRanks.com, Narayan is a 4-star analyst with an average return of 6.1% and a 44.6% success rate. Narayan covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mobileye Global, Inc. Class A, and Magna International. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $70.95, which is a 13.3% upside from current levels. In a report issued on March 31, Bernstein also maintained a Hold rating on the stock with a EUR61.00 price target.

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