Analysts Offer Insights on Consumer Cyclical Companies: Mattel (MAT) and Weichai Power Co (OtherWEICF)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Mattel (MAT) and Weichai Power Co (WEICF) with bullish sentiments.
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Mattel (MAT)
UBS analyst Arpine Kocharyan assigned a Buy rating to Mattel today and set a price target of $28.00. The company’s shares closed last Friday at $13.33.
According to TipRanks.com, Kocharyan is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Mattel with a $17.67 average price target, representing a 33.4% upside. In a report issued on June 30, Wells Fargo also maintained a Buy rating on the stock with a $18.00 price target.
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Weichai Power Co (WEICF)
CMB International Securities analyst Wayne Fung reiterated a Buy rating on Weichai Power Co today and set a price target of HK$45.10. The company’s shares closed last Friday at $4.49.
Fung has an average return of
According to TipRanks.com, Fung is ranked #5193 out of 12382 analysts.
Weichai Power Co has an analyst consensus of Strong Buy, with a price target consensus of $6.24, representing a 47.5% upside. In a report issued on July 2, Jefferies also maintained a Buy rating on the stock with a HK$50.80 price target.
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