Analysts Offer Insights on Consumer Cyclical Companies: Mohawk (MHK), Magna International (MGA) and Maplebear (CART)
Analysts fell to the sidelines weighing in on Mohawk (MHK – Research Report), Magna International (MGA – Research Report) and Maplebear (CART – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Mohawk (MHK)
Barclays analyst Matthew Bouley maintained a Hold rating on Mohawk today and set a price target of $121.00. The company’s shares closed last Friday at $132.60.
According to TipRanks.com, Bouley is a 5-star analyst with an average return of
Currently, the analyst consensus on Mohawk is a Moderate Buy with an average price target of $131.88, a -2.2% downside from current levels. In a report issued on February 14, TipRanks – Google also downgraded the stock to Hold with a $146.00 price target.
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Magna International (MGA)
Barclays analyst Dan Levy maintained a Hold rating on Magna International today and set a price target of $67.00. The company’s shares closed last Friday at $68.73.
According to TipRanks.com, Levy is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Magna International with a $57.56 average price target, implying a -8.9% downside from current levels. In a report issued on February 13, Evercore ISI also maintained a Hold rating on the stock with a $52.00 price target.
Maplebear (CART)
In a report released today, Justin Patterson from KeyBanc maintained a Hold rating on Maplebear. The company’s shares closed last Friday at $36.30.
According to TipRanks.com, Patterson is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $49.74 average price target, a 30.9% upside from current levels. In a report issued on February 13, Mizuho Securities also maintained a Hold rating on the stock with a $42.00 price target.
