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Analysts Offer Insights on Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF) and American Eagle (AEO)

Tipranks - Fri Jul 3, 7:02AM CDT

Analysts fell to the sidelines weighing in on Mercedes-Benz Group (MBGAF) and American Eagle (AEO) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Mercedes-Benz Group (MBGAF)

In a report released today, Stephen Reitman from Bernstein maintained a Hold rating on Mercedes-Benz Group. The company’s shares closed last Wednesday at $50.03.

According to TipRanks.com, Reitman is a 2-star analyst with an average return of 0.4% and a 37.0% success rate. Reitman covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Stellantis, and Ferrari. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $64.89, implying a 29.4% upside from current levels. In a report issued on June 18, Citi also maintained a Hold rating on the stock with a EUR51.00 price target.

See the top stocks recommended by analysts >>

American Eagle (AEO)

In a report released today, Tom Nikic from Needham maintained a Hold rating on American Eagle. The company’s shares closed last Wednesday at $17.29.

According to TipRanks.com, Nikic is a 4-star analyst with an average return of 6.9% and a 49.3% success rate. Nikic covers the NA sector, focusing on stocks such as Wolverine World Wide, Lululemon Athletica, and Columbia Sportswear. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for American Eagle with a $20.13 average price target, a 17.9% upside from current levels. In a report issued on June 29, Goldman Sachs also maintained a Hold rating on the stock with a $22.00 price target.

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