In a report released on May 1, Nik Modi from RBC Capital maintained a Buy rating on Kenvue, Inc. (KVUE – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $19.12.
Modi covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, Constellation Brands, and The Hershey Company. According to TipRanks, Modi has an average return of 6.3% and a 59.12% success rate on recommended stocks.
Kenvue, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $21.44.
KVUE market cap is currently $36.09B and has a P/E ratio of 21.69.
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Kenvue, Inc. (KVUE) Company Description:
Kenvue Inc is a pure-play consumer health company. It is a global leader at the intersection of healthcare and consumer goods, with a portfolio of iconic brands, operating in some of the most attractive categories in consumer health. The consumer health portfolio includes self-care, skincare and beauty and essential personal care products.
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