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Analysts Offer Insights on Consumer Cyclical Companies: Kogan.com (OtherKGGNF) and Ferrari (RACE)

Tipranks - Fri May 29, 2:52AM CDT

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

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Kogan.com (KGGNF)

Canaccord Genuity analyst Owen Humphries maintained a Buy rating on Kogan.com yesterday and set a price target of A$7.50. The company’s shares closed last Monday at $2.16.

Humphries has an average return of 12.3% when recommending Kogan.com. ;'>

According to TipRanks.com, Humphries is ranked #2258 out of 12270 analysts.

Currently, the analyst consensus on Kogan.com is a Moderate Buy with an average price target of $4.02.

See the top stocks recommended by analysts >>

Ferrari (RACE)

In a report released today, Michael Filatov from Berenberg Bank maintained a Buy rating on Ferrari, with a price target of EUR381.00. The company’s shares closed last Wednesday at $333.22.

According to TipRanks.com, Filatov is ranked #11971 out of 12270 analysts.

Ferrari has an analyst consensus of Strong Buy, with a price target consensus of $449.65, implying 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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