There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on adidas AG (GB:0OLD – Research Report) and KMD Brands Limited (AU:KMD – Research Report) with bullish sentiments.
adidas AG (GB:0OLD)
Kepler Capital analyst Jurgen Kolb maintained a Buy rating on adidas AG on March 22 and set a price target of EUR203.00. The company’s shares closed last Friday at EUR198.18.
Kolb has an average return of
According to TipRanks.com, Kolb is ranked #3197 out of 8763 analysts.
Currently, the analyst consensus on adidas AG is a Hold with an average price target of EUR192.60, a -1.2% downside from current levels. In a report issued on March 13, Deutsche Bank also maintained a Buy rating on the stock with a EUR220.00 price target.
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KMD Brands Limited (AU:KMD)
Jarden analyst Guy Hooper maintained a Buy rating on KMD Brands Limited on March 19. The company’s shares closed last Monday at A$0.55.
According to TipRanks.com, Hooper is ranked #7567 out of 8763 analysts.
Currently, the analyst consensus on KMD Brands Limited is a Moderate Buy with an average price target of A$0.67, a 31.4% upside from current levels. In a report issued on March 19, PAC Partners also maintained a Buy rating on the stock.
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Read More on GB:0OLD:
- Adidas price target raised to EUR 175 from EUR 145 at Morgan Stanley
- Adidas price target raised to EUR 220 from EUR 200 at Deutsche Bank
- Adidas price target raised to EUR 205 from EUR 185 at Telsey Advisory
- Adidas price target raised to EUR 209 from EUR 158 at TD Cowen
- 0OLD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
