Analysts Are Bullish on These Consumer Cyclical Stocks: Yum China Holdings (YUMC), Amazon (AMZN)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Yum China Holdings (YUMC – Research Report) and Amazon (AMZN – Research Report) with bullish sentiments.
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Yum China Holdings (YUMC)
In a report released yesterday, Chen Luo from Bank of America Securities maintained a Buy rating on Yum China Holdings, with a price target of $56.50. The company’s shares closed last Thursday at $55.67.
According to TipRanks.com, Luo is ranked #8805 out of 12040 analysts.
Yum China Holdings has an analyst consensus of Strong Buy, with a price target consensus of $59.03, implying an 8.2% upside from current levels. In a report issued on February 4, Goldman Sachs also maintained a Buy rating on the stock with a $58.50 price target.
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Amazon (AMZN)
Bank of America Securities analyst Justin Post reiterated a Buy rating on Amazon today and set a price target of $275.00. The company’s shares closed last Thursday at $222.69.
According to TipRanks.com, Post is a top 100 analyst with an average return of
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $297.18, a 32.1% upside from current levels. In a report issued on January 26, Roth MKM also maintained a Buy rating on the stock with a $295.00 price target.
