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Analysts Offer Insights on Consumer Goods Companies: Diageo (OtherDGEAF) and Reynolds Consumer Products (REYN)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Diageo (DGEAFResearch Report) and Reynolds Consumer Products (REYNResearch Report) with bullish sentiments.

Diageo (DGEAF)

In a report released today, Laurence Whyatt from Barclays assigned a Buy rating to Diageo, with a price target of £37.30. The company’s shares closed last Thursday at $39.60.

Whyatt has an average return of 1.9% when recommending Diageo.

According to TipRanks.com, Whyatt is ranked #5416 out of 8631 analysts.

Currently, the analyst consensus on Diageo is a Hold with an average price target of $41.78, representing a 5.5% upside. In a report issued on November 2, J.P. Morgan also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

Reynolds Consumer Products (REYN)

Truist Financial analyst Bill Chappell maintained a Buy rating on Reynolds Consumer Products on November 8 and set a price target of $35.00. The company’s shares closed last Friday at $27.15.

According to TipRanks.com, Chappell is a 4-star analyst with an average return of 4.1% and a 52.9% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Real Good Food Company, Inc. Class A, Scotts Miracle-Gro Company, and Edgewell Personal Care.

Reynolds Consumer Products has an analyst consensus of Hold, with a price target consensus of $29.31.

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