Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Guangzhou Automobile Group Co (GNZUF – Research Report) and United Parcel (UPS – Research Report).
Guangzhou Automobile Group Co (GNZUF)
Bernstein analyst Eunice Lee maintained a Hold rating on Guangzhou Automobile Group Co yesterday and set a price target of HK$4.50. The company’s shares closed last Thursday at $0.46, close to its 52-week low of $0.46.
According to TipRanks.com, Lee is ranked #7751 out of 8565 analysts.
Guangzhou Automobile Group Co has an analyst consensus of Moderate Buy, with a price target consensus of $0.68.
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United Parcel (UPS)
Bernstein analyst David Vernon maintained a Buy rating on United Parcel yesterday and set a price target of $202.00. The company’s shares closed last Thursday at $138.21, close to its 52-week low of $137.93.
According to TipRanks.com, Vernon is a 3-star analyst with an average return of
Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $178.80, a 25.5% upside from current levels. In a report issued on October 17, Wells Fargo also maintained a Buy rating on the stock with a $185.00 price target.
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