Analysts Are Bullish on These Consumer Cyclical Stocks: Viking Holdings Ltd (VIK), Compagnie Générale des Établissements Michelin (MGDDF)

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Viking Holdings Ltd (VIK – Research Report) and Compagnie Générale des Établissements Michelin (MGDDF – Research Report) with bullish sentiments.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Viking Holdings Ltd (VIK)

In a report issued on October 8, Stephen Grambling from Morgan Stanley maintained a Buy rating on Viking Holdings Ltd, with a price target of $70.00. The company’s shares closed last Friday at $58.20.

According to TipRanks.com, Grambling is a 4-star analyst with an average return of 6.3% and a 60.2% success rate. Grambling covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts. ;'>

Currently, the analyst consensus on Viking Holdings Ltd is a Moderate Buy with an average price target of $66.20, which is a 14.1% upside from current levels. In a report issued on September 30, J.P. Morgan also maintained a Buy rating on the stock with a $72.00 price target.

See the top stocks recommended by analysts >>

Compagnie Générale des Établissements Michelin (MGDDF)

In a report issued on October 9, Thomas Besson from Kepler Capital maintained a Buy rating on Compagnie Générale des Établissements Michelin, with a price target of EUR40.00. The company’s shares closed last Friday at $34.97.

According to TipRanks.com, Besson is a 2-star analyst with an average return of 0.0% and a 55.3% success rate. Besson covers the NA sector, focusing on stocks such as Continental Aktiengesellschaft, Stellantis, and Ferrari. ;'>

Compagnie Générale des Établissements Michelin has an analyst consensus of Strong Buy, with a price target consensus of $44.85, implying a 32.9% upside from current levels. In a report issued on September 25, Jefferies also maintained a Buy rating on the stock with a EUR43.00 price target.

Read More on VIK:

Disclaimer & DisclosureReport an Issue

• Align downgraded, NetEase upgraded: Wall Street’s top analyst calls
• Viking Holdings initiated with an Underperform at Mizuho
• Viking Holdings price target raised to $62 from $61 at Barclays
• Viking Holdings price target raised to $59 from $55 at Truist
• Viking Holdings takes delivery of newest river ship