Analysts Offer Insights on Consumer Cyclical Companies: Jumia Technologies AG (JMIA) and Steven Madden (SHOO)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Jumia Technologies AG (JMIA – Research Report) and Steven Madden (SHOO – Research Report) with bullish sentiments.
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Jumia Technologies AG (JMIA)
In a report released today, Ryan Sigdahl from Craig-Hallum reiterated a Buy rating on Jumia Technologies AG. The company’s shares closed last Tuesday at $8.04.
According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of
Currently, the analyst consensus on Jumia Technologies AG is a Strong Buy with an average price target of $15.50.
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Steven Madden (SHOO)
In a report released today, Sam Poser from Williams Trading assigned a Buy rating to Steven Madden, with a price target of $48.00. The company’s shares closed last Tuesday at $35.13.
According to TipRanks.com, Poser is a 5-star analyst with an average return of
Steven Madden has an analyst consensus of Moderate Buy, with a price target consensus of $43.86, which is a 30.6% upside from current levels. In a report issued on February 25, Needham also maintained a Buy rating on the stock with a $41.00 price target.
