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Analysts Offer Insights on Consumer Cyclical Companies: WEB Travel Group (OtherWEBJF) and Ferrari (RACE)

Tipranks - Fri May 29, 1:16AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on WEB Travel Group (WEBJF) and Ferrari (RACE) with bullish sentiments.

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WEB Travel Group (WEBJF)

Ord Minnett analyst John O’Shea maintained a Buy rating on WEB Travel Group today and set a price target of A$4.82. The company’s shares closed last Friday at $0.93, equals to its 52-week low of $0.93.

According to TipRanks.com, O’Shea is ranked #12051 out of 12270 analysts.

WEB Travel Group has an analyst consensus of Strong Buy, with a price target consensus of $3.07, a 230.1% upside from current levels. In a report issued on May 14, Canaccord Genuity also maintained a Buy rating on the stock with a A$5.30 price target.

See the top stocks recommended by analysts >>

Ferrari (RACE)

In a report released today, Richard Felton from Goldman Sachs maintained a Buy rating on Ferrari. The company’s shares closed last Wednesday at $333.22.

According to TipRanks.com, Felton is a 3-star analyst with an average return of 3.1% and a 53.5% success rate. Felton covers the Healthcare sector, focusing on stocks such as Siemens Healthineers AG, Demant, and Alcon. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ferrari with a $449.65 average price target, a 36.9% upside from current levels. In a report issued on May 25, Barclays also maintained a Buy rating on the stock with a EUR355.00 price target.

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