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Analysts Offer Insights on Consumer Goods Companies: PepsiCo (PEP), Scilex Holding Company (SCLX) and Cibus (CBUS)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on PepsiCo (PEPResearch Report), Scilex Holding Company (SCLXResearch Report) and Cibus (CBUSResearch Report).

PepsiCo (PEP)

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on PepsiCo, with a price target of $180.00. The company’s shares closed last Friday at $160.29, close to its 52-week low of $155.83.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 8.0% and a 61.1% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Mondelez International, and Edgewell Personal Care.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PepsiCo with a $200.38 average price target, a 26.2% upside from current levels. In a report issued on October 3, Evercore ISI also maintained a Hold rating on the stock with a $185.00 price target.

See the top stocks recommended by analysts >>

Scilex Holding Company (SCLX)

Scilex Holding Company received a Buy rating and a $12.00 price target from H.C. Wainwright analyst Ram Selvaraju today. The company’s shares closed last Friday at $1.57, close to its 52-week low of $1.21.

According to TipRanks.com, Selvaraju has 0 stars on 0-5 stars ranking scale with an average return of -9.9% and a 24.6% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, Reviva Pharmaceuticals Holdings, and MoonLake Immunotherapeutics.

Currently, the analyst consensus on Scilex Holding Company is a Moderate Buy with an average price target of $12.00.

Cibus (CBUS)

Cibus received a Buy rating and a $25.00 price target from H.C. Wainwright analyst Amit Dayal today. The company’s shares closed last Friday at $19.50.

According to TipRanks.com, Dayal is a 5-star analyst with an average return of 22.0% and a 35.1% success rate. Dayal covers the NA sector, focusing on stocks such as Calumet Specialty Products, Westport Fuel Systems, and Ballard Power Systems.

Cibus has an analyst consensus of Moderate Buy, with a price target consensus of $27.50.

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