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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Atmus Filtration Technologies, Inc. (ATMU), Somnigroup International (SGI) and Magna International (MGA)

Tipranks - Tue May 5, 6:52AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Atmus Filtration Technologies, Inc. (ATMU), Somnigroup International (SGI) and Magna International (MGA).

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Atmus Filtration Technologies, Inc. (ATMU)

J.P. Morgan analyst Tami Zakaria maintained a Buy rating on Atmus Filtration Technologies, Inc. today and set a price target of $67.00. The company’s shares closed last Friday at $52.65.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 11.3% and a 58.8% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Montrose Environmental Group, and Custom Truck One Source. ;'>

Currently, the analyst consensus on Atmus Filtration Technologies, Inc. is a Strong Buy with an average price target of $67.40, a 24.8% upside from current levels. In a report issued on May 1, TipRanks – DeepSeek also upgraded the stock to Buy with a $70.00 price target.

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Somnigroup International (SGI)

Piper Sandler analyst Peter Keith maintained a Buy rating on Somnigroup International today and set a price target of $104.00. The company’s shares closed last Friday at $75.58.

According to TipRanks.com, Keith is a 4-star analyst with an average return of 7.6% and a 48.3% success rate. Keith covers the NA sector, focusing on stocks such as Savers Value Village Inc., Floor & Decor Holdings, and Driven Brands Holdings. ;'>

Somnigroup International has an analyst consensus of Strong Buy, with a price target consensus of $98.67, implying a 29.4% upside from current levels. In a report issued on April 21, Jefferies also reiterated a Buy rating on the stock with a $88.00 price target.

Magna International (MGA)

RBC Capital analyst Tom Narayan maintained a Hold rating on Magna International on May 1 and set a price target of $57.00. The company’s shares closed last Friday at $60.83.

According to TipRanks.com, Narayan is a 4-star analyst with an average return of 7.1% and a 48.5% success rate. Narayan covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mobileye Global, Inc. Class A, and Mercedes-Benz Group. ;'>

Currently, the analyst consensus on Magna International is a Moderate Buy with an average price target of $62.39, which is a 0.7% upside from current levels. In a report issued on April 16, TipRanks – OpenAI also downgraded the stock to Hold with a C$86.00 price target.

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