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Analysts Offer Insights on Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF) and Trip.com Group Sponsored ADR (TCOM)

Tipranks - Tue Jan 20, 2:56AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Mercedes-Benz Group (MBGAFResearch Report) and Trip.com Group Sponsored ADR (TCOMResearch Report).

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Mercedes-Benz Group (MBGAF)

Berenberg Bank analyst Romain Gourvil maintained a Hold rating on Mercedes-Benz Group on January 16 and set a price target of EUR63.00. The company’s shares closed last Friday at $68.42.

According to TipRanks.com, Gourvil is a 3-star analyst with an average return of 3.9% and a 53.8% success rate. Gourvil covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Continental Aktiengesellschaft, and Stellantis. ;'>

Currently, the analyst consensus on Mercedes-Benz Group is a Moderate Buy with an average price target of $75.11, representing a 9.8% upside. In a report issued on January 9, Jefferies also maintained a Hold rating on the stock with a EUR65.00 price target.

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Trip.com Group Sponsored ADR (TCOM)

In a report issued on January 16, James Lee from Mizuho Securities reiterated a Buy rating on Trip.com Group Sponsored ADR, with a price target of $84.00. The company’s shares closed last Friday at $61.77.

Lee has an average return of 19.2% when recommending Trip.com Group Sponsored ADR. ;'>

According to TipRanks.com, Lee is ranked #321 out of 12040 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trip.com Group Sponsored ADR with a $85.44 average price target, implying a 41.3% upside from current levels. In a report issued on January 13, J.P. Morgan also maintained a Buy rating on the stock with a $90.00 price target.

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