Analysts’ Top Consumer Cyclical Picks: EVgo (EVGO), Intercontinental Hotels Group (IHG)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on EVgo (EVGO – Research Report) and Intercontinental Hotels Group (IHG – Research Report) with bullish sentiments.
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EVgo (EVGO)
In a report released yesterday, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on EVgo, with a price target of $7.00. The company’s shares closed last Wednesday at $2.52, close to its 52-week low of $1.65.
According to TipRanks.com, Gengaro is a 5-star analyst with an average return of
EVgo has an analyst consensus of Moderate Buy, with a price target consensus of $5.25, which is a 93.0% upside from current levels. In a report issued on February 22, J.P. Morgan also maintained a Buy rating on the stock with a $6.00 price target.
See the top stocks recommended by analysts >>
Intercontinental Hotels Group (IHG)
Jefferies analyst Simon LeChipre maintained a Buy rating on Intercontinental Hotels Group today. The company’s shares closed last Wednesday at $135.07, close to its 52-week high of $137.25.
According to TipRanks.com, LeChipre is ranked #8385 out of 12134 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intercontinental Hotels Group with a $146.33 average price target, a 7.1% upside from current levels. In a report issued on February 19, TipRanks – OpenAI also upgraded the stock to Buy with a $160.00 price target.
