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Analysts Offer Insights on Consumer Cyclical Companies: Magna International (MGA) and Mercedes-Benz Group (OtherMBGAF)

Tipranks - Tue Jan 20, 6:56AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Magna International (MGAResearch Report) and Mercedes-Benz Group (MBGAFResearch Report).

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Mercedes-Benz Group (MBGAF)

Barclays analyst Henning Cosman maintained a Hold rating on Mercedes-Benz Group today. The company’s shares closed last Friday at $68.42.

According to TipRanks.com, Cosman is ranked 0 out of 5 stars with an average return of -5.3% and a 37.0% success rate. Cosman 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 $76.35, representing an 11.7% upside. In a report issued on January 9, Jefferies also maintained a Hold rating on the stock with a EUR65.00 price target.

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