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Analysts Offer Insights on Consumer Cyclical Companies: FOOD & LIFE COMPANIES (OtherSGLOF), Honda Motor Co (OtherHNDAF) and WeRide (WRD)

Tipranks - Fri Jun 5, 5:16AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on FOOD & LIFE COMPANIES (SGLOF), Honda Motor Co (HNDAF) and WeRide (WRD).

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FOOD & LIFE COMPANIES (SGLOF)

In a report released today, Ami Terai from J.P. Morgan maintained a Buy rating on FOOD & LIFE COMPANIES, with a price target of Yen11700.00. The company’s shares closed last Thursday at $59.00.

Terai has an average return of 182.0% when recommending FOOD & LIFE COMPANIES. ;'>

According to TipRanks.com, Terai is ranked #1263 out of 12292 analysts.

Currently, the analyst consensus on FOOD & LIFE COMPANIES is a Strong Buy with an average price target of $77.27, which is a 31.0% upside from current levels. In a report issued on May 26, Bernstein also initiated coverage with a Buy rating on the stock with a Yen15100.00 price target.

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Honda Motor Co (HNDAF)

J.P. Morgan analyst Akira Kishimoto maintained a Hold rating on Honda Motor Co today and set a price target of Yen1400.00. The company’s shares closed last Tuesday at $8.84.

According to TipRanks.com, Kishimoto is a 4-star analyst with an average return of 8.5% and a 57.7% success rate. Kishimoto covers the NA sector, focusing on stocks such as Sumitomo Rubber Industries, Mitsubishi Motors, and Nissan Motor Co. ;'>

Honda Motor Co has an analyst consensus of Moderate Buy, with a price target consensus of $9.44.

WeRide (WRD)

In a report released yesterday, Ming-Hsun Lee from Bank of America Securities maintained a Buy rating on WeRide, with a price target of $11.80. The company’s shares closed last Wednesday at $7.96.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 15.5% and a 41.4% success rate. Lee covers the NA sector, focusing on stocks such as XPeng, Inc. ADR, Li Auto, and Nio. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for WeRide with a $11.40 average price target.

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