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Analysts Offer Insights on Consumer Cyclical Companies: Continental Aktiengesellschaft (OtherCTTAF) and Cedar Fair (FUN)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Continental Aktiengesellschaft (CTTAFResearch Report) and Cedar Fair (FUNResearch Report) with bullish sentiments.

Continental Aktiengesellschaft (CTTAF)

In a report released today, Marc Rene Tonn from Warburg Research maintained a Buy rating on Continental Aktiengesellschaft, with a price target of EUR92.00. The company’s shares closed last Monday at $65.20.

According to TipRanks.com, Tonn is a 5-star analyst with an average return of 10.4% and a 56.3% success rate. Tonn covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Vitesco Technologies Group AG, and Mercedes-Benz Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Aktiengesellschaft with a $87.04 average price target, a 33.7% upside from current levels. In a report issued on May 8, Jefferies also maintained a Buy rating on the stock with a EUR73.00 price target.

See today’s best-performing stocks on TipRanks >>

Cedar Fair (FUN)

In a report issued on May 9, Benjamin Chaiken from Mizuho Securities maintained a Buy rating on Cedar Fair, with a price target of $56.00. The company’s shares closed last Monday at $44.90, close to its 52-week high of $45.76.

According to TipRanks.com, Chaiken is a 4-star analyst with an average return of 7.4% and a 53.4% success rate. Chaiken covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and United Parks & Resorts.

Currently, the analyst consensus on Cedar Fair is a Strong Buy with an average price target of $52.43, representing a 17.0% upside. In a report issued on May 3, Truist Financial also maintained a Buy rating on the stock with a $45.00 price target.

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