There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on General Motors (GM – Research Report) and Mattel (MAT – Research Report) with bullish sentiments.
General Motors (GM)
Citi analyst Itay Michaeli maintained a Buy rating on General Motors yesterday and set a price target of $96.00. The company’s shares closed last Tuesday at $45.10, close to its 52-week high of $46.04.
According to TipRanks.com, Michaeli has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $52.18 average price target, implying a 13.7% upside from current levels. In a report issued on April 10, Morgan Stanley also maintained a Buy rating on the stock with a $46.00 price target.
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Mattel (MAT)
Citi analyst James Hardiman maintained a Buy rating on Mattel today and set a price target of $26.00. The company’s shares closed last Tuesday at $18.73.
According to TipRanks.com, Hardiman is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mattel with a $23.30 average price target, representing a 25.1% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $23.00 price target.
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