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Analysts Offer Insights on Consumer Cyclical Companies: Makemytrip (MMYT), Collins Foods (OtherCLLFF) and Penske Automotive Group (PAG)

Tipranks - Mon Jun 1, 8:12PM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Makemytrip (MMYT), Collins Foods (CLLFF) and Penske Automotive Group (PAG).

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Makemytrip (MMYT)

Bank of America Securities analyst Sachin Salgaonkar maintained a Buy rating on Makemytrip yesterday and set a price target of $60.00. The company’s shares closed last Friday at $46.74.

Salgaonkar has an average return of 10.6% when recommending Makemytrip. ;'>

According to TipRanks.com, Salgaonkar is ranked #3754 out of 12287 analysts.

Currently, the analyst consensus on Makemytrip is a Strong Buy with an average price target of $75.20, implying a 58.3% upside from current levels. In a report issued on May 19, Citi also maintained a Buy rating on the stock with a $70.00 price target.

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Collins Foods (CLLFF)

Collins Foods received a Hold rating and a A$9.30 price target from Morgan Stanley analyst Melinda Baxter today. The company’s shares closed last Thursday at $6.90.

According to TipRanks.com, Baxter has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.3% and a 39.0% success rate. Baxter covers the NA sector, focusing on stocks such as Domino’s Pizza Enterprises Limited, Harvey Norman Holdings Ltd, and Wesfarmers Limited. ;'>

Collins Foods has an analyst consensus of Moderate Buy, with a price target consensus of $8.54, representing a 23.8% upside. In a report issued on May 17, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a A$8.50 price target.

Penske Automotive Group (PAG)

In a report released yesterday, Rajat Gupta CFA from J.P. Morgan maintained a Hold rating on Penske Automotive Group. The company’s shares closed last Friday at $167.37.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 9.7% and a 52.9% success rate. CFA covers the NA sector, focusing on stocks such as Group 1 Automotive, Sonic Automotive, and General Motors. ;'>

Penske Automotive Group has an analyst consensus of Moderate Buy, with a price target consensus of $183.25, which is a 9.5% upside from current levels. In a report issued on May 27, UBS also initiated coverage with a Hold rating on the stock with a $167.00 price target.

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