tiprankstipranks
Blurbs

Analysts’ Top Consumer Cyclical Picks: Adient (ADNT), Churchill Downs (CHDN)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Adient (ADNTResearch Report), Churchill Downs (CHDNResearch Report) and Li Auto (LIResearch Report) with bullish sentiments.

Adient (ADNT)

In a report released today, Colin Langan from Wells Fargo maintained a Buy rating on Adient, with a price target of $33.00. The company’s shares closed last Friday at $27.41, close to its 52-week low of $26.97.

According to TipRanks.com, Langan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.1% and a 47.1% success rate. Langan covers the NA sector, focusing on stocks such as Magna International, Rivian Automotive, and REE Automotive.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adient with a $37.00 average price target.

See today’s best-performing stocks on TipRanks >>

Churchill Downs (CHDN)

In a report released yesterday, Daniel Politzer from Wells Fargo maintained a Buy rating on Churchill Downs, with a price target of $145.00. The company’s shares closed last Friday at $134.02.

According to TipRanks.com, Politzer is a 4-star analyst with an average return of 6.0% and a 51.8% success rate. Politzer covers the NA sector, focusing on stocks such as Hilton Worldwide Holdings, Life Time Group Holdings, and Rush Street Interactive.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Churchill Downs with a $148.43 average price target, implying a 10.6% upside from current levels. In a report issued on April 26, Truist Financial also reiterated a Buy rating on the stock with a $145.00 price target.

Li Auto (LI)

In a report released yesterday, Jeff Chung from Citi maintained a Buy rating on Li Auto, with a price target of $43.60. The company’s shares closed last Friday at $28.00.

According to TipRanks.com, Chung is ranked 0 out of 5 stars with an average return of -12.0% and a 36.9% success rate. Chung covers the NA sector, focusing on stocks such as Geely Automobile Holdings, XPeng, Inc. ADR, and Nio.

Li Auto has an analyst consensus of Strong Buy, with a price target consensus of $49.43, a 72.5% upside from current levels. In a report issued on April 22, Goldman Sachs also maintained a Buy rating on the stock with a $43.60 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ADNT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles