Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Cyclical Companies: Prada SpA (OtherPRDSF), ANTA Sports Products (OtherANPDF) and Mercedes-Benz Group (OtherMBGAF)

Tipranks - Wed Apr 15, 1:56AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Prada SpA (PRDSF), ANTA Sports Products (ANPDF) and Mercedes-Benz Group (MBGAF).

Claim 30% Off TipRanks

Prada SpA (PRDSF)

Citi analyst Thomas Chauvet maintained a Hold rating on Prada SpA today and set a price target of HK$41.60. The company’s shares closed last Wednesday at $4.85.

According to TipRanks.com, Chauvet is ranked #3022 out of 12179 analysts.

Prada SpA has an analyst consensus of Moderate Buy, with a price target consensus of $6.93, representing a 32.0% upside. In a report issued on April 3, Kepler Capital also downgraded the stock to Hold with a HK$40.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

ANTA Sports Products (ANPDF)

DBS analyst Alison Fok reiterated a Buy rating on ANTA Sports Products today and set a price target of HK$109.00. The company’s shares closed last Thursday at $10.52.

According to TipRanks.com, Fok is a 4-star analyst with an average return of 6.0% and a 62.0% success rate. Fok covers the NA sector, focusing on stocks such as Stella International Holdings Limited, Shenzhou International Group Holdings, and Haidilao International Holding. ;'>

ANTA Sports Products has an analyst consensus of Strong Buy, with a price target consensus of $13.37, representing a 27.1% upside. In a report issued on April 12, TipRanks – PerPlexity also upgraded the stock to Buy with a HK$95.00 price target.

Mercedes-Benz Group (MBGAF)

Barclays analyst Henning Cosman maintained a Hold rating on Mercedes-Benz Group today and set a price target of EUR55.00. The company’s shares closed last Monday at $64.03.

According to TipRanks.com, Cosman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.3% and a 38.5% success rate. Cosman covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Stellantis, and Ferrari. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $71.40, implying a 14.0% 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.

Read More on PRDSF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.