There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Makemytrip (MMYT – Research Report), Guangzhou Automobile Group Co (GNZUF – Research Report) and Atour Lifestyle Holdings (ATAT – Research Report) with bullish sentiments.
Makemytrip (MMYT)
Bank of America Securities analyst Sachin Salgaonkar reiterated a Buy rating on Makemytrip today and set a price target of $84.00. The company’s shares closed last Friday at $75.97, close to its 52-week high of $76.22.
Salgaonkar has an average return of
According to TipRanks.com, Salgaonkar is ranked #2956 out of 8789 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Makemytrip with a $68.83 average price target, implying a -3.9% downside from current levels. In a report issued on April 3, Citi also assigned a Buy rating to the stock with a $85.00 price target.
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Guangzhou Automobile Group Co (GNZUF)
In a report issued on April 5, Ji Shi from CMB International Securities maintained a Buy rating on Guangzhou Automobile Group Co, with a price target of HK$5.50. The company’s shares closed last Friday at $0.38, close to its 52-week low of $0.36.
According to TipRanks.com, Shi has 0 stars on 0-5 stars ranking scale with an average return of
Guangzhou Automobile Group Co has an analyst consensus of Moderate Buy, with a price target consensus of $0.55, which is a 42.3% upside from current levels. In a report issued on March 30, Morgan Stanley also maintained a Buy rating on the stock with a HK$6.30 price target.
Atour Lifestyle Holdings (ATAT)
CMB International Securities analyst Walter Woo maintained a Buy rating on Atour Lifestyle Holdings on April 5 and set a price target of $23.68. The company’s shares closed last Friday at $18.37.
According to TipRanks.com, Woo is a 1-star analyst with an average return of
Atour Lifestyle Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $23.69, implying a 28.3% upside from current levels. In a report issued on April 1, Bank of America Securities also assigned a Buy rating to the stock with a $23.70 price target.
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