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Analysts Offer Insights on Consumer Cyclical Companies: Sweetgreen (SG) and Continental Aktiengesellschaft (OtherCTTAF)

Tipranks - Tipranks - Fri Jul 3, 4:06AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Sweetgreen (SG) and Continental Aktiengesellschaft (CTTAF).

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Sweetgreen (SG)

In a report released yesterday, Sara Senatore from Bank of America Securities reiterated a Hold rating on Sweetgreen, with a price target of $8.90. The company’s shares closed last Wednesday at $9.10.

According to TipRanks.com, Senatore is a 2-star analyst with an average return of 0.6% and a 49.3% success rate. Senatore covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Papa John’s International. ;'>

Currently, the analyst consensus on Sweetgreen is a Hold with an average price target of $7.89, implying a -11.9% downside from current levels. In a report issued on June 16, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $9.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Continental Aktiengesellschaft (CTTAF)

In a report released today, Christoph Laskawi from Deutsche Bank maintained a Buy rating on Continental Aktiengesellschaft, with a price target of EUR75.00. The company’s shares closed last Wednesday at $84.28.

Laskawi has an average return of 12.8% when recommending Continental Aktiengesellschaft. ;'>

According to TipRanks.com, Laskawi is ranked #986 out of 12347 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Aktiengesellschaft with a $84.47 average price target, representing a 1.0% upside. In a report issued on June 22, J.P. Morgan also maintained a Buy rating on the stock with a EUR78.00 price target.

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