Analysts Are Bullish on These Consumer Cyclical Stocks: Meituan (MPNGF), Guangzhou Automobile Group Co (GNZUF)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Meituan (MPNGF – Research Report) and Guangzhou Automobile Group Co (GNZUF – Research Report) with bullish sentiments.
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Meituan (MPNGF)
HSBC analyst Charlene Liu maintained a Buy rating on Meituan on November 29 and set a price target of HK$114.00. The company’s shares closed last Tuesday at $12.63, close to its 52-week low of $12.09.
Liu has an average return of
According to TipRanks.com, Liu is ranked #3899 out of 10113 analysts.
Meituan has an analyst consensus of Moderate Buy, with a price target consensus of $16.38, a 36.5% upside from current levels. In a report issued on November 28, UBS also maintained a Buy rating on the stock with a HK$148.00 price target.
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Guangzhou Automobile Group Co (GNZUF)
In a report issued on November 28, Joey Xu from Morgan Stanley maintained a Buy rating on Guangzhou Automobile Group Co, with a price target of HK$3.90. The company’s shares closed last Tuesday at $0.51.
Xu has an average return of
According to TipRanks.com, Xu is ranked #5324 out of 10113 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Guangzhou Automobile Group Co with a $0.46 average price target.
