Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks

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There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Continental Aktiengesellschaft (CTTAFResearch Report), Bayerische Motoren Werke Aktiengesellschaft (BAMXFResearch Report) and Adidas (ADDYYResearch Report) with bullish sentiments.

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Continental Aktiengesellschaft (CTTAF)

UBS analyst David Lesne maintained a Buy rating on Continental Aktiengesellschaft today. The company’s shares closed last Friday at $67.87.

According to TipRanks.com, Lesne is ranked #7331 out of 9284 analysts.

Continental Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $81.37, implying a 15.7% upside from current levels. In a report issued on January 15, Kepler Capital also upgraded the stock to Buy with a EUR80.00 price target.

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Bayerische Motoren Werke Aktiengesellschaft (BAMXF)

UBS analyst Patrick Hummel maintained a Buy rating on Bayerische Motoren Werke Aktiengesellschaft today. The company’s shares closed last Friday at $78.20.

According to TipRanks.com, Hummel is a 4-star analyst with an average return of 7.2% and a 50.0% success rate. Hummel covers the NA sector, focusing on stocks such as Mercedes-Benz Group, Stellantis, and Ferrari.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bayerische Motoren Werke Aktiengesellschaft with a $87.17 average price target, an 11.0% upside from current levels. In a report issued on January 13, J.P. Morgan also maintained a Buy rating on the stock with a EUR89.00 price target.

Adidas (ADDYY)

Bernstein analyst Aneesha Sherman maintained a Buy rating on Adidas on January 16 and set a price target of $162.90. The company’s shares closed last Friday at $124.05.

According to TipRanks.com, Sherman is a 4-star analyst with an average return of 6.6% and a 51.9% success rate. Sherman covers the NA sector, focusing on stocks such as Peloton Interactive, Lululemon Athletica, and Capri Holdings.

Currently, the analyst consensus on Adidas is a Moderate Buy with an average price target of $162.90.

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