Analysts Offer Insights on Consumer Goods Companies: Olaplex Holdings (OLPX), Hanesbrands (HBI) and US Foods Holding (USFD)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Olaplex Holdings (OLPX – Research Report), Hanesbrands (HBI – Research Report) and US Foods Holding (USFD – Research Report).

Olaplex Holdings (OLPX)

Morgan Stanley analyst Dara Mohsenian maintained a Buy rating on Olaplex Holdings today and set a price target of $17.50. The company’s shares closed last Friday at $15.45.

According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 5.7% and a 64.8% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Energizer Holdings, and Colgate-Palmolive.

Currently, the analyst consensus on Olaplex Holdings is a Strong Buy with an average price target of $21.81, representing a 44.6% upside. In a report issued on August 10, Piper Sandler also maintained a Buy rating on the stock with a $21.00 price target.

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Hanesbrands (HBI)

In a report released today, Michael Binetti from Credit Suisse maintained a Buy rating on Hanesbrands, with a price target of $13.00. The company’s shares closed last Friday at $10.57, close to its 52-week low of $9.58.

According to TipRanks.com, Binetti is a 5-star analyst with an average return of 8.0% and a 55.3% success rate. Binetti covers the Consumer Goods sector, focusing on stocks such as aka Brands Holding Corp, Brilliant Earth Group, and Canada Goose Holdings.

Currently, the analyst consensus on Hanesbrands is a Moderate Buy with an average price target of $12.40, a 16.9% upside from current levels. In a report released today, B.Riley Financial also maintained a Buy rating on the stock with a $14.00 price target.

US Foods Holding (USFD)

Morgan Stanley analyst John Glass maintained a Hold rating on US Foods Holding today and set a price target of $40.00. The company’s shares closed last Friday at $32.73.

According to TipRanks.com, Glass is a 4-star analyst with an average return of 6.6% and a 62.6% success rate. Glass covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Cheesecake Factory.

Currently, the analyst consensus on US Foods Holding is a Moderate Buy with an average price target of $43.20.

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