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Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

Tipranks - Tipranks - Fri Jun 12, 5:48AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Coupang (CPNG) and Geely Automobile Holdings (GELYF) with bullish sentiments.

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Coupang (CPNG)

Bank of America Securities analyst Ahyung Cho reiterated a Buy rating on Coupang today and set a price target of $28.00. The company’s shares closed last Wednesday at $15.12.

According to TipRanks.com, Cho is ranked #11372 out of 12286 analysts.

Coupang has an analyst consensus of Moderate Buy, with a price target consensus of $24.03.

See today’s best-performing stocks on TipRanks >>

Geely Automobile Holdings (GELYF)

UOB Kay Hian analyst Ken Lee maintained a Buy rating on Geely Automobile Holdings today and set a price target of HK$36.00. The company’s shares closed last Wednesday at $2.45.

Lee has an average return of 43.0% when recommending Geely Automobile Holdings. ;'>

According to TipRanks.com, Lee is ranked #4993 out of 12286 analysts.

Geely Automobile Holdings has an analyst consensus of Strong Buy, with a price target consensus of $3.69, implying a 59.1% upside from current levels. In a report issued on June 3, Bernstein also maintained a Buy rating on the stock with a HK$25.00 price target.

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