Analysts Offer Insights on Consumer Cyclical Companies: Stellantis (STLA) and Mercedes-Benz Group (OtherMBGAF)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Stellantis (STLA) and Mercedes-Benz Group (MBGAF) with bullish sentiments.
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Stellantis (STLA)
Jefferies analyst Philippe Houchois maintained a Buy rating on Stellantis today and set a price target of EUR10.00. The company’s shares closed last Thursday at $7.29.
According to TipRanks.com, Houchois is a 5-star analyst with an average return of
Stellantis has an analyst consensus of Moderate Buy, with a price target consensus of $8.93, a 24.4% upside from current levels. In a report issued on May 15, UBS also maintained a Buy rating on the stock with a EUR9.70 price target.
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Mercedes-Benz Group (MBGAF)
In a report released today, Jose Asumendi from J.P. Morgan maintained a Buy rating on Mercedes-Benz Group, with a price target of EUR70.00. The company’s shares closed last Thursday at $57.63, close to its 52-week low of $53.76.
According to TipRanks.com, Asumendi is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mercedes-Benz Group with a $68.98 average price target.
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