Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on ACM Research (ACMR) and Aptiv (APTV).
ACM Research (ACMR)
In a report issued on June 4, Donnie Teng from Nomura maintained a Buy rating on ACM Research, with a price target of $125.00. The company’s shares closed last Friday at $83.95.
Teng has an average return of 49.8% when recommending ACM Research.
According to TipRanks.com, Teng is ranked #1499 out of 7544 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ACM Research with a $117.50 average price target.
See today’s analyst top recommended stocks >>
Aptiv (APTV)
Nomura analyst Anindya Das maintained a Sell rating on Aptiv on June 2 and set a price target of $98.00. The company’s shares closed last Friday at $159.75, close to its 52-week high of $160.14.
According to TipRanks.com, Das is a 1-star analyst with an average return of -0.1% and a 57.6% success rate. Das covers the Consumer Goods sector, focusing on stocks such as General Motors, GoodYear Tire, and Stellantis.
Currently, the analyst consensus on Aptiv is a Moderate Buy with an average price target of $162.91.
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.
