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Analysts Conflicted on These Consumer Goods Names: SunOpta (STKL), Beyond Meat (BYND) and Valens (VLN)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on SunOpta (STKLResearch Report), Beyond Meat (BYNDResearch Report) and Valens (VLNResearch Report).

SunOpta (STKL)

Craig-Hallum analyst Alex Fuhrman reiterated a Buy rating on SunOpta today. The company’s shares closed last Thursday at $4.48.

According to TipRanks.com, Fuhrman is ranked #8439 out of 8601 analysts.

Currently, the analyst consensus on SunOpta is a Strong Buy with an average price target of $8.50, a 120.8% upside from current levels. In a report released today, BMO Capital also reiterated a Buy rating on the stock with a $9.00 price target.

See the top stocks recommended by analysts >>

Beyond Meat (BYND)

In a report released today, Michael Lavery from Piper Sandler reiterated a Sell rating on Beyond Meat, with a price target of $3.00. The company’s shares closed last Thursday at $7.11, close to its 52-week low of $5.58.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 4.5% and a 49.5% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Vita Coco Company.

Beyond Meat has an analyst consensus of Moderate Sell, with a price target consensus of $6.69, which is a 1.1% upside from current levels. In a report issued on November 2, Barclays also maintained a Sell rating on the stock with a $5.00 price target.

Valens (VLN)

Oppenheimer analyst Rick Schafer maintained a Buy rating on Valens yesterday and set a price target of $4.00. The company’s shares closed last Thursday at $2.23, close to its 52-week low of $2.01.

According to TipRanks.com, Schafer is a top 25 analyst with an average return of 20.2% and a 70.9% success rate. Schafer covers the Technology sector, focusing on stocks such as Akoustis Technologies, NXP Semiconductors, and Skyworks Solutions.

Valens has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

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