There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Chipotle (CMG – Research Report), Ford Motor (F – Research Report) and Sweetgreen (SG – Research Report) with bullish sentiments.
Chipotle (CMG)
In a report released today, Sara Senatore from Bank of America Securities reiterated a Buy rating on Chipotle, with a price target of $3000.00. The company’s shares closed last Tuesday at $2487.74, close to its 52-week high of $2506.07.
According to TipRanks.com, Senatore is a 4-star analyst with an average return of
Currently, the analyst consensus on Chipotle is a Moderate Buy with an average price target of $2612.43, implying a 5.3% upside from current levels. In a report issued on January 23, Citi also maintained a Buy rating on the stock with a $2699.00 price target.
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Ford Motor (F)
Bank of America Securities analyst John Murphy reiterated a Buy rating on Ford Motor today and set a price target of $21.00. The company’s shares closed last Tuesday at $12.07.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
Currently, the analyst consensus on Ford Motor is a Hold with an average price target of $13.59, representing a 16.8% upside. In a report issued on February 1, Morgan Stanley also assigned a Buy rating to the stock with a $15.00 price target.
Sweetgreen (SG)
In a report released today, Katherine Griffin from Bank of America Securities reiterated a Buy rating on Sweetgreen, with a price target of $16.00. The company’s shares closed last Tuesday at $10.91.
According to TipRanks.com, Griffin is a 1-star analyst with an average return of
Currently, the analyst consensus on Sweetgreen is a Moderate Buy with an average price target of $13.00, representing a 20.6% upside. In a report issued on January 25, RBC Capital also maintained a Buy rating on the stock with a $13.00 price target.
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Read More on CMG:
- Chipotle Approves Additional $200 Million Stock Buyback Plan
- CHIPOTLE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS
- Here’s Why U.S. Fast-Food Companies Are Raising Prices in Ca.
- CMG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Chipotle price target raised to $2,560 from $2,450 at Stifel
