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Analysts Are Bullish on Top Consumer Cyclical Stocks: Trip.com Group Ltd. Sponsored ADR (TCOM), Li Auto (LI)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Trip.com Group Ltd. Sponsored ADR (TCOMResearch Report), Li Auto (LIResearch Report) and Harley-Davidson (HOGResearch Report) with bullish sentiments.

Trip.com Group Ltd. Sponsored ADR (TCOM)

In a report released today, Alex Poon from Morgan Stanley maintained a Buy rating on Trip.com Group Ltd. Sponsored ADR, with a price target of $50.00. The company’s shares closed last Wednesday at $36.56.

According to TipRanks.com, Poon is a 4-star analyst with an average return of 7.2% and a 57.6% success rate. Poon covers the NA sector, focusing on stocks such as Tencent Music Entertainment Group, Bilibili, and NetEase.

Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $50.39, representing a 40.2% upside. In a report issued on January 29, Citi also maintained a Buy rating on the stock with a $49.00 price target.

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

Li Auto (LI)

Morgan Stanley analyst Tim Hsiao maintained a Buy rating on Li Auto today and set a price target of $63.00. The company’s shares closed last Wednesday at $27.68.

According to TipRanks.com, Hsiao is ranked 0 out of 5 stars with an average return of -21.8% and a 23.3% success rate. Hsiao covers the NA sector, focusing on stocks such as XPeng, Inc. ADR, BYD Co, and Nio.

Li Auto has an analyst consensus of Strong Buy, with a price target consensus of $55.58, which is a 103.8% upside from current levels. In a report issued on January 19, CMB International Securities also maintained a Buy rating on the stock.

Harley-Davidson (HOG)

Bank of America Securities analyst Alexander Perry reiterated a Buy rating on Harley-Davidson today and set a price target of $45.00. The company’s shares closed last Wednesday at $32.45.

According to TipRanks.com, Perry ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.7% and a 23.0% success rate. Perry covers the NA sector, focusing on stocks such as Life Time Group Holdings, Topgolf Callaway Brands, and Fox Factory Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Harley-Davidson with a $37.80 average price target.

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