Analysts Offer Insights on Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF) and Maplebear (CART)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercedes-Benz Group (MBGAF – Research Report) and Maplebear (CART – Research Report).
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Mercedes-Benz Group (MBGAF)
UBS analyst Patrick Hummel maintained a Hold rating on Mercedes-Benz Group today and set a price target of EUR58.00. The company’s shares closed last Friday at $68.25.
According to TipRanks.com, Hummel is a 4-star analyst with an average return of
Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $74.70, an 8.9% upside from current levels. In a report issued on February 8, RBC Capital also maintained a Hold rating on the stock with a EUR57.00 price target.
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Maplebear (CART)
In a report released today, Ronald Josey from Citi reiterated a Buy rating on Maplebear, with a price target of $50.00. The company’s shares closed last Friday at $36.30.
According to TipRanks.com, Josey is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $49.74 average price target, a 30.9% upside from current levels. In a report issued on February 2, TipRanks – xAI also upgraded the stock to Buy with a $43.00 price target.
