Analysts Offer Insights on Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF), Chipotle (CMG) and Home Depot (HD)
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Mercedes-Benz Group (MBGAF)
UBS analyst Patrick Hummel maintained a Hold rating on Mercedes-Benz Group today and set a price target of EUR50.00. The company's shares closed last Monday at $58.25, close to its 52-week low of $53.76.
According to TipRanks.com, Hummel is ranked #2045 out of 9680 analysts.
Mercedes-Benz Group has an analyst consensus of Moderate Buy, with a price target consensus of $72.95, implying a 24.7% upside from current levels. In a report released yesterday, Bernstein also maintained a Hold rating on the stock with a EUR57.00 price target.
Chipotle (CMG)
In a report issued on June 26, Logan Reich from RBC Capital maintained a Buy rating on Chipotle, with a price target of $60.00. The company's shares closed last Monday at $56.15.
According to TipRanks.com, Reich has 0 stars on 0-5 stars ranking scale with an average return of -8.1% and a 45.9% success rate. Reich covers the NA sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Jack In The Box. ;'>
Chipotle has an analyst consensus of Moderate Buy, with a price target consensus of $57.63, which is a 4.8% upside from current levels. In a report issued on June 18, TD Cowen also maintained a Buy rating on the stock with a $57.00 price target.
Home Depot (HD)
In a report released yesterday, Joe Feldman from Telsey Advisory maintained a Buy rating on Home Depot, with a price target of $455.00. The company's shares closed last Monday at $366.64.
According to TipRanks.com, Feldman is a 5-star analyst with an average return of 8.4% and a 54.0% success rate. Feldman covers the NA sector, focusing on stocks such as aka Brands Holding Corp, Floor & Decor Holdings, and Dick's Sporting Goods. ;'>
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $428.30 average price target, implying a 16.0% upside from current levels. In a report issued on June 17, Citi also maintained a Buy rating on the stock with a $433.00 price target.
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