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Analysts Offer Insights on Consumer Goods Companies: and Metcash Limited (MCSHF)

Analysts fell to the sidelines weighing in on and Metcash Limited (MCSHFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Metcash Limited (MCSHF)

Goldman Sachs analyst Lisa Deng maintained a Hold rating on Metcash Limited on September 7 and set a price target of A$4.50. The company’s shares closed last Monday at $2.90, close to its 52-week low of $2.82.

According to TipRanks.com, Deng is a 2-star analyst with an average return of 1.5% and a 27.3% success rate. Deng covers the Consumer Goods sector, focusing on stocks such as Treasury Wine Estates Limited, Harvey Norman Holdings Ltd, and Breville Group Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Metcash Limited with a $3.15 average price target.

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