There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Ferroglobe PLC (GSM – Research Report), CUI Global (CUI – Research Report) and Infinera (INFN – Research Report) with bullish sentiments.
Ferroglobe PLC (GSM)
B.Riley FBR analyst Sarkis Sherbetchyan maintained a Buy rating on Ferroglobe PLC yesterday and set a price target of $4.60. The company’s shares closed last Monday at $1.09, close to its 52-week low of $1.06.
According to TipRanks.com, Sherbetchyan is ranked #5097 out of 5539 analysts.
Currently, the analyst consensus on Ferroglobe PLC is a Moderate Buy with an average price target of $4.60.
CUI Global (CUI)
In a report released today, Liam Burke from B.Riley FBR maintained a Buy rating on CUI Global. The company’s shares closed last Monday at $0.89.
According to TipRanks.com, Burke is a 1-star analyst with an average return of -1.8% and a 49.4% success rate. Burke covers the Services sector, focusing on stocks such as Ship Finance International, Dynagas LNG Partners LP, and Eagle Bulk Shipping Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CUI Global.
In a report released today, Dave Kang from B.Riley FBR maintained a Buy rating on Infinera, with a price target of $8.00. The company’s shares closed last Monday at $5.28.
According to TipRanks.com, Kang is a 5-star analyst with an average return of 17.3% and a 59.7% success rate. Kang covers the Consumer Goods sector, focusing on stocks such as DASAN Zhone Solutions Inc, Applied Optoelectronics, and Acacia Communications.
Infinera has an analyst consensus of Moderate Buy, with a price target consensus of $6.08, which is a 10.1% upside from current levels. In a report released yesterday, MKM Partners also maintained a Buy rating on the stock with a $7.00 price target.
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