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Analysts Offer Insights on Consumer Goods Companies: Celsius Holdings (CELH) and Kraft Heinz (KHC)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Celsius Holdings (CELHResearch Report) and Kraft Heinz (KHCResearch Report) with bullish sentiments.

Celsius Holdings (CELH)

In a report released today, Mark Astrachan from Stifel Nicolaus maintained a Buy rating on Celsius Holdings, with a price target of $85.00. The company’s shares closed last Wednesday at $72.34.

According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 15.2% and a 64.5% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as Colgate-Palmolive, Procter & Gamble, and Monster Beverage.

Celsius Holdings has an analyst consensus of Strong Buy, with a price target consensus of $96.60, a 36.9% upside from current levels. In a report issued on April 24, Piper Sandler also assigned a Buy rating to the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

Kraft Heinz (KHC)

In a report released today, Bryan Spillane from Bank of America Securities reiterated a Buy rating on Kraft Heinz, with a price target of $42.00. The company’s shares closed last Wednesday at $36.28.

According to TipRanks.com, Spillane is a 4-star analyst with an average return of 4.6% and a 59.2% success rate. Spillane covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company.

Kraft Heinz has an analyst consensus of Moderate Buy, with a price target consensus of $38.44, implying a 3.2% upside from current levels. In a report issued on April 18, Deutsche Bank also maintained a Buy rating on the stock with a $43.00 price target.

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