Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Sea (SE – Research Report) and Ferrari (RACE – Research Report).
Sea (SE)
In a report released today, Venugopal Garre from Bernstein maintained a Buy rating on Sea, with a price target of $70.00. The company’s shares closed last Wednesday at $60.57.
Garre has an average return of
According to TipRanks.com, Garre is ranked #4812 out of 8746 analysts.
Sea has an analyst consensus of Moderate Buy, with a price target consensus of $64.38, representing a 10.7% upside. In a report issued on March 5, DBS also upgraded the stock to Buy with a $75.00 price target.
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Ferrari (RACE)
In a report released today, Daniel Roeska from Bernstein maintained a Hold rating on Ferrari, with a price target of EUR365.00. The company’s shares closed last Wednesday at $422.45, close to its 52-week high of $430.08.
According to TipRanks.com, Roeska is ranked #1445 out of 8746 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $405.11 average price target, which is a -3.8% downside from current levels. In a report issued on March 12, CFRA also downgraded the stock to Hold with a $425.00 price target.
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Read More on SE:
- Sea Limited price target raised to $65 from $47 at Morgan Stanley
- Sea Limited price target raised to $52 from $40 at TD Cowen
- Sea Limited upgraded to Buy from Hold at DBS Bank
- Lyft upgraded, Philip Morris downgraded: Wall Street’s top analyst calls
- Sea Limited price target raised to $55 from $46 at BofA
