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Analysts Conflicted on These Consumer Cyclical Names: Airbnb (ABNB) and Genting Singapore (OtherGIGNF)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Airbnb (ABNBResearch Report) and Genting Singapore (GIGNFResearch Report).

Airbnb (ABNB)

In a report issued on May 10, Paul Chew from Phillip Securities maintained a Hold rating on Airbnb, with a price target of $150.00. The company’s shares closed last Monday at $149.13.

Chew has an average return of 20.8% when recommending Airbnb.

According to TipRanks.com, Chew is ranked #2700 out of 8841 analysts.

Currently, the analyst consensus on Airbnb is a Hold with an average price target of $152.38, implying a 3.6% upside from current levels. In a report issued on May 9, HSBC also downgraded the stock to Hold with a $156.00 price target.

See the top stocks recommended by analysts >>

Genting Singapore (GIGNF)

In a report released yesterday, Wee Kuang Tay from CGS-CIMB reiterated a Buy rating on Genting Singapore, with a price target of S$1.30. The company’s shares closed last Friday at $0.71.

According to TipRanks.com, Tay is ranked #7409 out of 8841 analysts.

Genting Singapore has an analyst consensus of Strong Buy, with a price target consensus of $0.90, representing a 26.1% upside. In a report released today, DBS also maintained a Buy rating on the stock with a S$1.15 price target.

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