There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on H World Group (HTHT – Research Report) and Man Wah Holdings (MAWHF – Research Report) with bullish sentiments.
H World Group (HTHT)
In a report released yesterday, Lina Yan from HSBC maintained a Buy rating on H World Group, with a price target of $53.60. The company’s shares closed last Monday at $39.72.
According to TipRanks.com, Yan is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for H World Group with a $51.37 average price target, implying a 27.1% upside from current levels. In a report issued on May 13, Bank of America Securities also maintained a Buy rating on the stock.
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Man Wah Holdings (MAWHF)
In a report released yesterday, Darron Xue from HSBC maintained a Buy rating on Man Wah Holdings, with a price target of HK$8.70. The company’s shares closed last Tuesday at $0.73.
Xue has an average return of
According to TipRanks.com, Xue is ranked #5216 out of 8867 analysts.
Currently, the analyst consensus on Man Wah Holdings is a Moderate Buy with an average price target of $1.08, implying a 47.9% upside from current levels. In a report released yesterday, Macquarie also maintained a Buy rating on the stock with a HK$11.20 price target.
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