Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Amazon (AMZN – Research Report), PepsiCo (PEP – Research Report) and Ambev SA (ABEV – Research Report).
Amazon (AMZN)
In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Amazon, with a price target of $145.00. The company’s shares closed last Tuesday at $109.22, close to its 52-week low of $101.26.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of
Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $178.55, a 59.2% upside from current levels. In a report issued on July 1, Evercore ISI also maintained a Buy rating on the stock with a $180.00 price target.
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PepsiCo (PEP)
Credit Suisse analyst Kaumil Gajrawala maintained a Hold rating on PepsiCo today and set a price target of $170.00. The company’s shares closed last Tuesday at $169.50.
According to TipRanks.com, Gajrawala is a 1-star analyst with an average return of
Currently, the analyst consensus on PepsiCo is a Moderate Buy with an average price target of $180.23, representing a 4.2% upside. In a report issued on July 7, RBC Capital also maintained a Hold rating on the stock with a $165.00 price target.
Ambev SA (ABEV)
J.P. Morgan analyst Lucas Ferreira upgraded Ambev SA to Buy today. The company’s shares closed last Tuesday at $2.51, close to its 52-week low of $2.42.
According to TipRanks.com, Ferreira is ranked #2528 out of 7912 analysts.
Currently, the analyst consensus on Ambev SA is a Moderate Buy with an average price target of $5.00.
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