There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Chipotle (CMG – Research Report), BARK Inc Class A (BARK – Research Report) and Trip.com Group Ltd. Sponsored ADR (TCOM – Research Report) with bullish sentiments.
Chipotle (CMG)
In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Chipotle, with a price target of $2600.00. The company’s shares closed last Wednesday at $2245.00, close to its 52-week high of $2348.41.
According to TipRanks.com, Fadem is a 5-star analyst with an average return of
Currently, the analyst consensus on Chipotle is a Moderate Buy with an average price target of $2355.57, a 5.1% upside from current levels. In a report issued on January 2, Stephens also maintained a Buy rating on the stock with a $2800.00 price target.
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BARK Inc Class A (BARK)
In a report released yesterday, Ygal Arounian from Citi maintained a Buy rating on BARK Inc Class A, with a price target of $1.20. The company’s shares closed last Wednesday at $0.92, close to its 52-week low of $0.70.
According to TipRanks.com, Arounian is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BARK Inc Class A with a $1.76 average price target, representing a 79.6% upside. In a report released yesterday, Lake Street also assigned a Buy rating to the stock with a $3.00 price target.
Trip.com Group Ltd. Sponsored ADR (TCOM)
Citi analyst Brian Gong maintained a Buy rating on Trip.com Group Ltd. Sponsored ADR today and set a price target of $49.00. The company’s shares closed last Wednesday at $37.22.
According to TipRanks.com, Gong is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $50.39, implying a 32.6% upside from current levels. In a report issued on December 29, Morgan Stanley also maintained a Buy rating on the stock with a $50.00 price target.
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Read More on CMG:
- The restaurants stocks to own in 2024, according to Bernstein
- Chipotle price target raised to $2,400 from $2,300 at Bernstein
- Chipotle price target raised to $2,525 from $2,225 at Oppenheimer
- Chipotle price target raised to $2,650 from $2,175 at BTIG
- Chipotle price target raised to $2,450 from $2,100 at Stifel
