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Analysts Offer Insights on Consumer Cyclical Companies: Ardagh Metal Packaging (AMBP), Autoneum Holding AG (OtherATNNF) and Ferrari (RACE)

Tipranks - Sat Apr 18, 8:56PM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Ardagh Metal Packaging (AMBP), Autoneum Holding AG (ATNNF) and Ferrari (RACE).

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Ardagh Metal Packaging (AMBP)

RBC Capital analyst Arun Viswanathan maintained a Hold rating on Ardagh Metal Packaging yesterday and set a price target of $5.00. The company’s shares closed last Friday at $4.20, close to its 52-week high of $4.26.

According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 4.0% and a 54.7% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Ardagh Metal Packaging with a $4.66 average price target, an 11.5% upside from current levels. In a report issued on April 14, Wells Fargo also maintained a Hold rating on the stock with a $4.00 price target.

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Autoneum Holding AG (ATNNF)

In a report issued on April 16, Torsten Sauter from Kepler Capital maintained a Hold rating on Autoneum Holding AG, with a price target of CHF130.00. The company’s shares closed last Tuesday at $188.00.

According to TipRanks.com, Sauter is ranked #2116 out of 12199 analysts.

Autoneum Holding AG has an analyst consensus of Hold, with a price target consensus of $165.91, which is a -11.8% downside from current levels. In a report issued on April 9, TipRanks – OpenAI also reiterated a Hold rating on the stock with a CHF122.00 price target.

Ferrari (RACE)

In a report issued on April 16, Thomas Besson from Kepler Capital maintained a Buy rating on Ferrari, with a price target of EUR400.00. The company’s shares closed last Friday at $372.85.

According to TipRanks.com, Besson is ranked #10044 out of 12199 analysts.

Currently, the analyst consensus on Ferrari is a Strong Buy with an average price target of $463.13, a 23.1% upside from current levels. In a report issued on April 1, Barclays also maintained a Buy rating on the stock with a EUR360.00 price target.

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