Latest news with #Mercadolibre
Business Insider
a day ago
- Business
- Business Insider
Analysts Offer Insights on Consumer Cyclical Companies: Mercadolibre (MELI) and Thor Industries (THO)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercadolibre (MELI – Research Report) and Thor Industries (THO – Research Report). Confident Investing Starts Here: Mercadolibre (MELI) In a report issued on June 6, Andrew R. Ruben from Morgan Stanley maintained a Buy rating on Mercadolibre, with a price target of $2850.00. The company's shares closed last Friday at $2482.39. Ruben has an average return of 26.1% when recommending Mercadolibre. According to Ruben is ranked #1095 out of 9627 analysts. Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $2889.58, a 13.8% upside from current levels. In a report issued on May 29, Bank of America Securities also maintained a Buy rating on the stock with a $3000.00 price target. Roth MKM analyst Scott Stember maintained a Hold rating on Thor Industries today and set a price target of $77.00. The company's shares closed last Friday at $86.56. According to Stember is a 4-star analyst with an average return of 8.4% and a 59.0% success rate. Stember covers the NA sector, focusing on stocks such as Standard Motor Products, Camping World Holdings, and Winnebago Industries. Currently, the analyst consensus on Thor Industries is a Hold with an average price target of $89.20, implying a 2.8% upside from current levels. In a report issued on June 5, Truist Financial also maintained a Hold rating on the stock with a $86.00 price target.
Business Insider
4 days ago
- Business
- Business Insider
Mercadolibre (MELI) Gets a Buy from Bank of America Securities
In a report released today, Robert Ford from Bank of America Securities reiterated a Buy rating on Mercadolibre (MELI – Research Report), with a price target of $3,000.00. The company's shares opened today at $2,540.01. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Ford is a 4-star analyst with an average return of 14.1% and a 63.04% success rate. In addition to Bank of America Securities, Mercadolibre also received a Buy from Citi's Joao Soares in a report issued today. However, yesterday, Jefferies downgraded Mercadolibre (NASDAQ: MELI) to a Hold. Based on Mercadolibre's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.32 billion and a net profit of $494 million. In comparison, last year the company earned a revenue of $4.33 billion and had a net profit of $344 million
Business Insider
12-05-2025
- Business
- Business Insider
Analysts Conflicted on These Consumer Cyclical Names: National Vision Holdings (EYE), Marriott Vacations Worldwide Corporation (VAC) and Mercadolibre (MELI)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on National Vision Holdings (EYE – Research Report), Marriott Vacations Worldwide Corporation (VAC – Research Report) and Mercadolibre (MELI – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. National Vision Holdings (EYE) Barclays analyst Adrienne Yih maintained a Hold rating on National Vision Holdings on May 9 and set a price target of $17.00. The company's shares closed last Friday at $17.17. According to Yih is a 4-star analyst with an average return of 5.0% and a 48.5% success rate. Yih covers the NA sector, focusing on stocks such as Dick's Sporting Goods, Canada Goose Holdings, and Lululemon Athletica. Currently, the analyst consensus on National Vision Holdings is a Moderate Buy with an average price target of $17.83, representing a 3.5% upside. In a report issued on May 7, Morgan Stanley also maintained a Hold rating on the stock with a $17.00 price target. Marriott Vacations Worldwide Corporation (VAC) In a report issued on May 9, Brandt Montour from Barclays maintained a Buy rating on Marriott Vacations Worldwide Corporation, with a price target of $88.00. The company's shares closed last Friday at $64.65, close to its 52-week low of $63.46. According to Montour is a 4-star analyst with an average return of 6.1% and a 47.3% success rate. Montour covers the NA sector, focusing on stocks such as Six Flags Entertainment Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marriott Vacations Worldwide Corporation with a $84.57 average price target, representing a 31.0% upside. In a report issued on May 8, Truist Financial also maintained a Buy rating on the stock. Mercadolibre (MELI) In a report released yesterday, Andrew R. Ruben from Morgan Stanley reiterated a Buy rating on Mercadolibre, with a price target of $2850.00. The company's shares closed last Friday at $2450.00. Mercadolibre has an analyst consensus of Strong Buy, with a price target consensus of $2751.25, implying a 13.5% upside from current levels. In a report issued on May 7, BTIG also maintained a Buy rating on the stock with a $2750.00 price target.
