Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Volkswagen (GB:0P6O – Research Report), GEA Group AG (GB:0MPJ – Research Report) and JD Logistics, Inc. (HK:2618 – Research Report).
Volkswagen (GB:0P6O)
In a report released yesterday, Tim Rokossa from Deutsche Bank maintained a Buy rating on Volkswagen, with a price target of EUR180.00. The company’s shares closed yesterday at EUR121.11.
According to TipRanks.com, Rokossa is a 4-star analyst with an average return of
Volkswagen has an analyst consensus of Moderate Buy, with a price target consensus of EUR146.00, implying a 19.4% upside from current levels. In a report issued on April 5, Kepler Capital also maintained a Buy rating on the stock with a EUR170.00 price target.
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GEA Group AG (GB:0MPJ)
J.P. Morgan analyst Akash Gupta maintained a Sell rating on GEA Group AG yesterday and set a price target of EUR35.00. The company’s shares closed yesterday at EUR37.57.
According to TipRanks.com, Gupta is ranked #8291 out of 8783 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GEA Group AG with an EUR43.31 average price target.
JD Logistics, Inc. (HK:2618)
Nomura analyst Jialong Shi maintained a Buy rating on JD Logistics, Inc. yesterday and set a price target of HK$10.40. The company’s shares closed yesterday at HK$7.55.
According to TipRanks.com, Shi is ranked #2762 out of 8783 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD Logistics, Inc. with a HK$11.47 average price target, a 51.9% upside from current levels. In a report issued on April 14, Jefferies also maintained a Buy rating on the stock with a HK$9.70 price target.
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Read More on GB:0P6O:
- Ford cutting price of F-150 Lightning by up to $5,500, CarsDirect says
- VW aiming not to set ‘utopian’ goals for China EV market share, Reuters says
- March preliminary North America Class 8 truck orders down 8.7% YoY, ACT says
- JPMorgan says port closure has ‘minimal implications’ for vehicle inflation
- Volkswagen price target raised to EUR 136 from EUR 130 at Berenberg
