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Analysts Offer Insights on Consumer Cyclical Companies: BYD Co (OtherBYDDF), PDD Holdings (PDD) and Sportsman’s Warehouse (SPWH)

Tipranks - Tue Mar 31, 9:20AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on BYD Co (BYDDF), PDD Holdings (PDD) and Sportsman’s Warehouse (SPWH) with bullish sentiments.

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BYD Co (BYDDF)

CMB International Securities analyst Ji Shi maintained a Buy rating on BYD Co today and set a price target of HK$125.00. The company’s shares closed last Monday at $13.40.

According to TipRanks.com, Shi is a 4-star analyst with an average return of 9.1% and a 46.9% success rate. Shi covers the NA sector, focusing on stocks such as Guangzhou Automobile Group Co, Geely Automobile Holdings, and Great Wall Motor Co. ;'>

BYD Co has an analyst consensus of Strong Buy, with a price target consensus of $15.41, representing a 18.5% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a HK$118.00 price target.

See today’s best-performing stocks on TipRanks >>

PDD Holdings (PDD)

In a report issued on March 28, Lei Yang CFA from CGS International reiterated a Buy rating on PDD Holdings, with a price target of $141.00. The company’s shares closed last Monday at $99.25, close to its 52-week low of $88.01.

According to TipRanks.com, CFA is ranked #4786 out of 12128 analysts.

PDD Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $140.10, which is a 40.3% upside from current levels. In a report issued on March 27, Nomura also upgraded the stock to Buy with a $136.00 price target.

Sportsman’s Warehouse (SPWH)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on Sportsman’s Warehouse. The company’s shares closed last Monday at $1.25, close to its 52-week low of $0.92.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 3.4% and a 38.9% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Jumia Technologies AG. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sportsman’s Warehouse with a $2.25 average price target.

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