Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Chipotle (CMG – Research Report), Marriott International (MAR – Research Report) and Makemytrip (MMYT – Research Report).
Chipotle (CMG)
The company’s shares closed last Tuesday at $2321.82, close to its 52-week high of $2352.76.
According to TipRanks.com, Tower is a 5-star analyst with an average return of
Chipotle has an analyst consensus of Moderate Buy, with a price target consensus of $2437.61, implying a 5.1% upside from current levels. In a report issued on January 9, Bernstein also maintained a Buy rating on the stock with a $2400.00 price target.
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Marriott International (MAR)
Bernstein analyst Richard Clarke maintained a Hold rating on Marriott International yesterday and set a price target of $240.00. The company’s shares closed last Tuesday at $237.10, close to its 52-week high of $238.30.
According to TipRanks.com, Clarke 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 Marriott International with a $226.83 average price target, implying a -4.3% downside from current levels. In a report issued on January 8, Stifel Nicolaus also maintained a Hold rating on the stock with a $232.00 price target.
Makemytrip (MMYT)
Jain has an average return of
According to TipRanks.com, Jain is ranked #3137 out of 8688 analysts.
Currently, the analyst consensus on Makemytrip is a Strong Buy with an average price target of $55.40, implying a 10.8% upside from current levels. In a report issued on January 12, Goldman Sachs also maintained a Buy rating on the stock with a $59.00 price target.
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Read More on CMG:
- Chipotle price target raised to $2,700 from $2,280 at Truist
- Wall Street chooses winners in restaurant space for 2024
- Chipotle price target raised to $2,284 from $2,070 at Morgan Stanley
- Chipotle price target raised to $2,650 from $2,200 at TD Cowen
- The restaurant stocks to own in 2024, according to Wells Fargo
