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Analysts Offer Insights on Consumer Cyclical Companies: Green Brick Partners (GRBK) and Nio (NIO)

Tipranks - Fri Mar 13, 12:34PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Green Brick Partners (GRBKResearch Report) and Nio (NIOResearch Report).

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Green Brick Partners (GRBK)

BTIG analyst Ryan Gilbert maintained a Hold rating on Green Brick Partners on March 10. The company’s shares closed last Thursday at $63.96.

According to TipRanks.com, Gilbert is ranked #1874 out of 12127 analysts.

The the analyst consensus on Green Brick Partners is currently a Hold rating.

See the top stocks recommended by analysts >>

Nio (NIO)

In a report issued on March 10, Jeff Chung from Citi maintained a Buy rating on Nio, with a price target of $6.20. The company’s shares closed last Thursday at $5.61.

According to TipRanks.com, Chung is a 1-star analyst with an average return of -0.8% and a 41.9% success rate. Chung covers the NA sector, focusing on stocks such as Weichai Power Co, XPeng, Inc. ADR, and Li Auto. ;'>

Currently, the analyst consensus on Nio is a Moderate Buy with an average price target of $6.28, a 13.4% upside from current levels. In a report released yesterday, Nomura also upgraded the stock to Buy with a $6.60 price target.

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