Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Hanesbrands (HBI – Research Report), Mercadolibre (MELI – Research Report) and Ferrari (RACE – Research Report).
Hanesbrands (HBI)
In a report released today, Paul Lejuez from Citi maintained a Hold rating on Hanesbrands, with a price target of $5.50. The company’s shares closed last Tuesday at $5.12.
According to TipRanks.com, Lejuez is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Hanesbrands with a $4.40 average price target.
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Mercadolibre (MELI)
In a report released today, Marcelo Santos from J.P. Morgan reiterated a Buy rating on Mercadolibre, with a price target of $2150.00. The company’s shares closed last Tuesday at $1512.51.
Santos has an average return of
According to TipRanks.com, Santos is ranked #3508 out of 8786 analysts.
Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $1953.33, implying a 29.9% upside from current levels. In a report issued on March 27, BTIG also maintained a Buy rating on the stock with a $1885.00 price target.
Ferrari (RACE)
In a report released today, Daniel Roeska from Bernstein maintained a Buy rating on Ferrari, with a price target of $448.00. The company’s shares closed last Tuesday at $419.59, close to its 52-week high of $442.80.
According to TipRanks.com, Roeska is ranked #1305 out of 8786 analysts.
Currently, the analyst consensus on Ferrari is a Moderate Buy with an average price target of $414.81, representing a -2.6% downside. In a report issued on March 25, RBC Capital also maintained a Buy rating on the stock with a EUR463.00 price target.
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Read More on HBI:
- M&A News: Champion Sale Devastates Hanesbrands (NYSE:HBI), Shares Sink 10%
- Hanesbrands signs three year extension with University of Mississippi
- What Lies Ahead for Hanesbrands (NYSE:HBI)? Wait to Find Out
- Hanesbrands price target lowered to $4.50 from $5 at Citi
- Hanesbrands price target lowered to $4 from $5 at Barclays
