Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks
There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Jumia Technologies AG (JMIA – Research Report), TJX Companies (TJX – Research Report) and O-I Glass (OI – Research Report) with bullish sentiments.
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Jumia Technologies AG (JMIA)
In a report released yesterday, Brad Erickson from RBC Capital maintained a Buy rating on Jumia Technologies AG, with a price target of $15.00. The company’s shares closed last Tuesday at $10.33.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jumia Technologies AG with a $14.63 average price target, implying a 40.7% upside from current levels. In a report issued on February 5, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $18.00 price target.
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TJX Companies (TJX)
UBS analyst Jay Sole maintained a Buy rating on TJX Companies today and set a price target of $193.00. The company’s shares closed last Tuesday at $153.29.
According to TipRanks.com, Sole is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TJX Companies with a $170.13 average price target, which is an 8.6% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a $168.00 price target.
O-I Glass (OI)
UBS analyst Joshua Spector maintained a Buy rating on O-I Glass yesterday and set a price target of $19.00. The company’s shares closed last Tuesday at $16.39, close to its 52-week high of $17.58.
According to TipRanks.com, Spector is a 4-star analyst with an average return of
Currently, the analyst consensus on O-I Glass is a Strong Buy with an average price target of $18.50, a 13.5% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $17.00 price target.
