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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Coca-Cola Europacific Partners (CCEP) and Nestlé SA (OtherNSRGF)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Coca-Cola Europacific Partners (CCEPResearch Report) and Nestlé SA (NSRGFResearch Report).

Coca-Cola Europacific Partners (CCEP)

Jefferies analyst Ed Mundy maintained a Buy rating on Coca-Cola Europacific Partners on January 1 and set a price target of EUR77.00. The company’s shares closed last Tuesday at $66.49, close to its 52-week high of $66.98.

According to TipRanks.com, Mundy is a 4-star analyst with an average return of 4.8% and a 54.2% success rate. Mundy covers the Consumer Goods sector, focusing on stocks such as Fevertree Drinks, Diageo, and Diageo.

Currently, the analyst consensus on Coca-Cola Europacific Partners is a Strong Buy with an average price target of $70.05.

See today’s best-performing stocks on TipRanks >>

Nestlé SA (NSRGF)

Jefferies analyst David Hayes maintained a Sell rating on Nestlé SA on January 1 and set a price target of CHF86.00. The company’s shares closed last Tuesday at $115.10.

Hayes has an average return of 5.6% when recommending Nestlé SA.

According to TipRanks.com, Hayes is ranked #3503 out of 8654 analysts.

Currently, the analyst consensus on Nestlé SA is a Moderate Buy with an average price target of $134.28.

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