There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Canadian Pacific (CP – Research Report) and Autoliv (ALV – Research Report) with bullish sentiments.
Canadian Pacific (CP)
Raymond James analyst Steve Hansen maintained a Buy rating on Canadian Pacific today and set a price target of C$105.00. The company’s shares closed last Friday at $71.53.
Hansen has an average return of
According to TipRanks.com, Hansen is ranked #3931 out of 7760 analysts.
Canadian Pacific has an analyst consensus of Strong Buy, with a price target consensus of $87.36, representing a 18.9% upside. In a report released today, Wells Fargo also maintained a Buy rating on the stock with a $87.00 price target.
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Autoliv (ALV)
In a report released today, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Autoliv, with a price target of $110.00. The company’s shares closed last Friday at $96.27.
According to TipRanks.com, Rakesh is a top 100 analyst with an average return of
Autoliv has an analyst consensus of Moderate Buy, with a price target consensus of $112.40, which is a 16.1% upside from current levels. In a report issued on January 14, RBC Capital also maintained a Buy rating on the stock with a $130.00 price target.
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