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Analysts Offer Insights on Consumer Cyclical Companies: Continental Aktiengesellschaft (OtherCTTAF), Penn National Gaming (PENN) and Allison Transmission Holdings (ALSN)

Analysts fell to the sidelines weighing in on Continental Aktiengesellschaft (CTTAFResearch Report), Penn National Gaming (PENNResearch Report) and Allison Transmission Holdings (ALSNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Continental Aktiengesellschaft (CTTAF)

In a report released today, David Lesne from UBS maintained a Hold rating on Continental Aktiengesellschaft, with a price target of EUR71.00. The company’s shares closed last Friday at $83.60, close to its 52-week high of $86.93.

According to TipRanks.com, Lesne is ranked #3572 out of 8727 analysts.

Currently, the analyst consensus on Continental Aktiengesellschaft is a Moderate Buy with an average price target of $91.08.

See the top stocks recommended by analysts >>

Penn National Gaming (PENN)

In a report issued on February 15, Joseph Greff from J.P. Morgan maintained a Hold rating on Penn National Gaming, with a price target of $22.00. The company’s shares closed last Friday at $18.61, close to its 52-week low of $18.35.

According to TipRanks.com, Greff is a 5-star analyst with an average return of 9.6% and a 53.7% success rate. Greff covers the NA sector, focusing on stocks such as Melco Resorts & Entertainment, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts.

Currently, the analyst consensus on Penn National Gaming is a Moderate Buy with an average price target of $25.54, implying a 33.1% upside from current levels. In a report issued on February 15, Deutsche Bank also maintained a Hold rating on the stock with a $23.00 price target.

Allison Transmission Holdings (ALSN)

In a report issued on February 15, Tami Zakaria from J.P. Morgan maintained a Hold rating on Allison Transmission Holdings, with a price target of $70.00. The company’s shares closed last Friday at $70.57, close to its 52-week high of $72.50.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 21.9% and a 68.6% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as ESAB Corporation, CNH Industrial, and The Middleby.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Allison Transmission Holdings with a $62.20 average price target, representing a -12.8% downside. In a report issued on February 13, Robert W. Baird also maintained a Hold rating on the stock with a $68.00 price target.

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