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Analysts Offer Insights on Consumer Cyclical Companies: Chewy (CHWY), Casey’s General (CASY) and Mercedes-Benz Group (OtherMBGAF)

Tipranks - Fri Feb 13, 6:26AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Chewy (CHWYResearch Report), Casey’s General (CASYResearch Report) and Mercedes-Benz Group (MBGAFResearch Report).

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Chewy (CHWY)

Bank of America Securities analyst Mike McGovern maintained a Buy rating on Chewy yesterday and set a price target of $46.00. The company’s shares closed last Wednesday at $25.93.

According to TipRanks.com, McGovern is a 3-star analyst with an average return of 3.6% and a 43.1% success rate. McGovern covers the NA sector, focusing on stocks such as Carvana Co, OPENLANE, and Wayfair. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chewy with a $47.13 average price target, which is a 73.0% upside from current levels. In a report issued on February 5, Piper Sandler also maintained a Buy rating on the stock with a $48.00 price target.

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Casey’s General (CASY)

In a report released today, Bradley Thomas from KeyBanc maintained a Buy rating on Casey’s General, with a price target of $700.00. The company’s shares closed last Wednesday at $648.79.

According to TipRanks.com, Thomas is a 5-star analyst with an average return of 14.1% and a 63.7% success rate. Thomas covers the NA sector, focusing on stocks such as La-Z-Boy Incorporated, Williams-Sonoma, and Tractor Supply. ;'>

Currently, the analyst consensus on Casey’s General is a Moderate Buy with an average price target of $639.55, which is a -2.6% downside from current levels. In a report issued on January 28, TipRanks – Google also reiterated a Buy rating on the stock with a $694.00 price target.

Mercedes-Benz Group (MBGAF)

In a report released today, Patrick Hummel from UBS maintained a Hold rating on Mercedes-Benz Group, with a price target of EUR63.00. The company’s shares closed last Wednesday at $68.94.

According to TipRanks.com, Hummel is a 4-star analyst with an average return of 6.4% and a 49.1% success rate. Hummel covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Volvo Car AB Class B, and Stellantis. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $78.78, which is a 12.5% 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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