There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Liquidity Services (LQDT – Research Report) and Ferrari (RACE – Research Report) with bullish sentiments.
Liquidity Services (LQDT)
Craig-Hallum analyst George Sutton maintained a Buy rating on Liquidity Services today. The company’s shares closed last Wednesday at $13.16, close to its 52-week low of $11.39.
According to TipRanks.com, Sutton is a 4-star analyst with an average return of
Liquidity Services has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, implying a 55.0% upside from current levels. In a report issued on May 2, Barrington also maintained a Buy rating on the stock with a $20.00 price target.
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Ferrari (RACE)
In a report released today, Tom Narayan from RBC Capital maintained a Buy rating on Ferrari, with a price target of EUR283.00. The company’s shares closed last Wednesday at $277.64, close to its 52-week high of $286.61.
According to TipRanks.com, Narayan 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 Ferrari with a $284.28 average price target.
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