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Analysts Offer Insights on Consumer Cyclical Companies: Birkenstock Holding plc (BIRK), Tesla (TSLA) and WeRide (WRD)

Tipranks - Fri Jan 30, 6:24AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Birkenstock Holding plc (BIRKResearch Report), Tesla (TSLAResearch Report) and WeRide (WRDResearch Report) with bullish sentiments.

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Birkenstock Holding plc (BIRK)

In a report released today, Janine Stichter from BTIG reiterated a Buy rating on Birkenstock Holding plc, with a price target of $65.00. The company’s shares closed last Wednesday at $37.57.

According to TipRanks.com, Stichter is a 4-star analyst with an average return of 9.3% and a 48.2% success rate. Stichter covers the NA sector, focusing on stocks such as Lululemon Athletica, Abercrombie Fitch, and Oxford Industries. ;'>

Birkenstock Holding plc has an analyst consensus of Strong Buy, with a price target consensus of $58.63, implying a 46.5% upside from current levels. In a report issued on January 19, TipRanks – PerPlexity also upgraded the stock to Buy with a $43.00 price target.

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Tesla (TSLA)

In a report released today, Craig Irwin from Roth MKM reiterated a Buy rating on Tesla, with a price target of $505.00. The company’s shares closed last Wednesday at $431.46, close to its 52-week high of $488.54.

According to TipRanks.com, Irwin is a 5-star analyst with an average return of 11.5% and a 46.5% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Flux Power Holdings, and Willdan Group. ;'>

Tesla has an analyst consensus of Hold, with a price target consensus of $402.26, representing a -6.9% downside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $474.00 price target.

WeRide (WRD)

In a report released today, Tim Hsiao from Morgan Stanley maintained a Buy rating on WeRide, with a price target of $14.70. The company’s shares closed last Wednesday at $8.66.

According to TipRanks.com, Hsiao is a 1-star analyst with an average return of -2.3% and a 39.2% success rate. Hsiao covers the NA sector, focusing on stocks such as Geely Automobile Holdings, Great Wall Motor Co, and Li Auto. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for WeRide with a $14.77 average price target, a 66.1% upside from current levels. In a report issued on January 18, Citi also maintained a Buy rating on the stock with a $15.30 price target.

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