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Analysts Offer Insights on Consumer Goods Companies: Diageo (DEO), Ocado Group (OtherOCDGF) and Walmart (WMT)

Analysts fell to the sidelines weighing in on Diageo (DEOResearch Report), Ocado Group (OCDGFResearch Report) and Walmart (WMTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Diageo (DEO)

In a report released yesterday, Ed Mundy from Jefferies maintained a Hold rating on Diageo, with a price target of $149.00. The company’s shares closed last Friday at $145.28.

According to TipRanks.com, Mundy is a 4-star analyst with an average return of 4.9% and a 53.1% success rate. Mundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Fevertree Drinks, and Diageo.

The word on The Street in general, suggests a Hold analyst consensus rating for Diageo with a $151.25 average price target.

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Ocado Group (OCDGF)

In a report released yesterday, Giles Thorne from Jefferies maintained a Hold rating on Ocado Group, with a price target of p575.00. The company’s shares closed last Thursday at $9.60.

According to TipRanks.com, Thorne is ranked #6353 out of 8665 analysts.

Currently, the analyst consensus on Ocado Group is a Hold with an average price target of $9.57, which is a -0.3% downside from current levels. In a report issued on December 13, Goldman Sachs also maintained a Hold rating on the stock with a £7.00 price target.

Walmart (WMT)

Truist Financial analyst Scot Ciccarelli maintained a Hold rating on Walmart on December 21 and set a price target of $170.00. The company’s shares closed last Friday at $156.65.

According to TipRanks.com, Ciccarelli is a top 25 analyst with an average return of 18.4% and a 71.7% success rate. Ciccarelli covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Genuine Parts Company, and European Wax Center.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $180.79 average price target.

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