Analysts Offer Insights on Consumer Goods Companies: Ashland (ASH), Tesla (TSLA) and Thor Industries (THO)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Ashland (ASH – Research Report), Tesla (TSLA – Research Report) and Thor Industries (THO – Research Report) with bullish sentiments.

Ashland (ASH)

Mizuho Securities analyst Chris Parkinson maintained a Buy rating on Ashland on September 28 and set a price target of $139.00. The company’s shares closed last Thursday at $93.98.

According to TipRanks.com, Parkinson is a 4-star analyst with an average return of 5.6% and a 52.1% success rate. Parkinson covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ashland with a $125.88 average price target, a 33.2% upside from current levels. In a report issued on September 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $148.00 price target.

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Tesla (TSLA)

In a report issued on September 27, Ben Kallo from Robert W. Baird reiterated a Buy rating on Tesla, with a price target of $316.00. The company’s shares closed last Thursday at $268.21.

According to TipRanks.com, Kallo is a 5-star analyst with an average return of 7.8% and a 54.1% success rate. Kallo covers the Basic Materials sector, focusing on stocks such as Archer Daniels Midland, MP Materials, and Albemarle.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tesla with a $311.21 average price target, implying a 10.1% upside from current levels. In a report released yesterday, Wedbush also maintained a Buy rating on the stock with a $360.00 price target.

Thor Industries (THO)

Robert W. Baird analyst Craig Kennison maintained a Buy rating on Thor Industries on September 28 and set a price target of $100.00. The company’s shares closed last Thursday at $68.90, close to its 52-week low of $66.26.

According to TipRanks.com, Kennison is a 4-star analyst with an average return of 4.6% and a 43.1% success rate. Kennison covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Camping World Holdings, and Harley-Davidson.

Currently, the analyst consensus on Thor Industries is a Moderate Buy with an average price target of $85.00.

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