Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Li Ning Company (LNNGF – Research Report), Brilliance China Automotive Holdings (BCAUF – Research Report) and The Swatch Group (SWGAF – Research Report).
Li Ning Company (LNNGF)
J.P. Morgan analyst Qian Yao downgraded Li Ning Company to Sell yesterday and set a price target of HK$14.00. The company’s shares closed last Monday at $2.26, equals to its 52-week low of $2.26.
According to TipRanks.com, Yao is a 1-star analyst with an average return of
Currently, the analyst consensus on Li Ning Company is a Moderate Buy with an average price target of $4.81.
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Brilliance China Automotive Holdings (BCAUF)
J.P. Morgan analyst Nick Lai upgraded Brilliance China Automotive Holdings to Buy yesterday and set a price target of HK$5.80. The company’s shares closed last Wednesday at $0.54.
According to TipRanks.com, Lai is ranked 0 out of 5 stars with an average return of
Brilliance China Automotive Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $0.74.
The Swatch Group (SWGAF)
Jefferies analyst Frederick Wild maintained a Hold rating on The Swatch Group today and set a price target of CHF210.00. The company’s shares closed last Tuesday at $260.30, close to its 52-week low of $247.00.
According to TipRanks.com, Wild is ranked #2707 out of 8669 analysts.
Currently, the analyst consensus on The Swatch Group is a Hold with an average price target of $308.25, implying a 18.4% upside from current levels. In a report issued on January 12, Goldman Sachs also downgraded the stock to Hold with a CHF260.00 price target.
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