Analysts Offer Insights on Consumer Cyclical Companies: Ferrari (RACE) and Hermes International (OtherHESAF)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Ferrari (RACE) and Hermes International (HESAF) with bullish sentiments.
End of Quarter Sale - 50% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ferrari (RACE)
Deutsche Bank analyst Nicolai Kempf maintained a Buy rating on Ferrari today and set a price target of EUR460.00. The company’s shares closed last Tuesday at $338.45.
According to TipRanks.com, Kempf is ranked #1155 out of 12128 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ferrari with a $450.32 average price target, implying a 37.3% upside from current levels. In a report issued on March 20, TipRanks – Google also upgraded the stock to Buy with a EUR311.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Hermes International (HESAF)
In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Hermes International, with a price target of EUR2320.00. The company’s shares closed last Tuesday at $1875.50.
According to TipRanks.com, Cochrane is ranked #11737 out of 12128 analysts.
Hermes International has an analyst consensus of Moderate Buy, with a price target consensus of $2702.72, implying a 49.7% upside from current levels. In a report issued on March 23, RBC Capital also maintained a Buy rating on the stock with a EUR2400.00 price target.
Read More on RACE:
