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Analysts Offer Insights on Consumer Cyclical Companies: O-I Glass (OI), Amer Sports, Inc. (AS) and Meituan (OtherMPNGF)

Tipranks - Tipranks - Mon Feb 16, 11:46PM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on O-I Glass (OI – Research Report), Amer Sports, Inc. (AS – Research Report) and Meituan (MPNGF – Research Report).

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O-I Glass (OI)

Wells Fargo analyst Gabrial Hajde maintained a Buy rating on O-I Glass on February 12 and set a price target of $18.00. The company’s shares closed last Friday at $14.79.

According to TipRanks.com, Hajde is a 4-star analyst with an average return of 4.0% and a 60.5% success rate. Hajde covers the NA sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Smurfit Westrock. ;'>

Currently, the analyst consensus on O-I Glass is a Strong Buy with an average price target of $18.71, a 24.2% upside from current levels. In a report issued on February 10, Bank of America Securities also maintained a Buy rating on the stock with a $17.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Amer Sports, Inc. (AS)

In a report issued on February 12, Melinda Hu from Bernstein maintained a Buy rating on Amer Sports, Inc., with a price target of $46.00. The company’s shares closed last Friday at $39.81.

Hu has an average return of 37.6% when recommending Amer Sports, Inc.. ;'>

According to TipRanks.com, Hu is ranked #10058 out of 12109 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amer Sports, Inc. with a $47.22 average price target, a 21.9% upside from current levels. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Buy with a $43.00 price target.

Meituan (MPNGF)

Citi analyst Alicia Yap maintained a Hold rating on Meituan yesterday and set a price target of HK$94.00. The company’s shares closed last Friday at $10.61.

According to TipRanks.com, Yap is ranked #2749 out of 12109 analysts.

Currently, the analyst consensus on Meituan is a Moderate Buy with an average price target of $15.10.

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