tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Cyclical Companies: SharkNinja, Inc. (SN), Mercedes-Benz Group (OtherMBGAF) and The Lovesac Company (LOVE)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on SharkNinja, Inc. (SNResearch Report), Mercedes-Benz Group (MBGAFResearch Report) and The Lovesac Company (LOVEResearch Report) with bullish sentiments.

SharkNinja, Inc. (SN)

Bank of America Securities analyst Julien Ouaddour reiterated a Buy rating on SharkNinja, Inc. on January 17 and set a price target of p1320.00. The company’s shares closed last Monday at $49.41, close to its 52-week high of $53.40.

Ouaddour has an average return of 11.7% when recommending SharkNinja, Inc..

According to TipRanks.com, Ouaddour is ranked #2766 out of 8673 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SharkNinja, Inc. with a $42.36 average price target, a -12.1% downside from current levels. In a report issued on January 10, Jefferies also maintained a Buy rating on the stock with a $67.00 price target.

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

Mercedes-Benz Group (MBGAF)

RBC Capital analyst Tom Narayan maintained a Buy rating on Mercedes-Benz Group today and set a price target of EUR87.00. The company’s shares closed last Monday at $64.51.

According to TipRanks.com, Narayan is a 4-star analyst with an average return of 4.3% and a 47.7% success rate. Narayan covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mobileye Global, Inc. Class A, and Magna International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mercedes-Benz Group with a $78.69 average price target, which is a 22.2% upside from current levels. In a report issued on January 9, Bernstein also maintained a Buy rating on the stock with a EUR80.00 price target.

The Lovesac Company (LOVE)

Craig-Hallum analyst Alex Fuhrman assigned a Buy rating to The Lovesac Company on January 19. The company’s shares closed last Monday at $23.63.

According to TipRanks.com, Fuhrman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.7% and a 37.5% success rate. Fuhrman covers the NA sector, focusing on stocks such as Lindblad Expeditions Holdings, Barnes & Noble Education, and Penn National Gaming.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Lovesac Company with a $42.67 average price target, an 84.9% upside from current levels. In a report issued on January 18, Oppenheimer also maintained a Buy rating on the stock with a $60.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on SN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles