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Analysts Offer Insights on Consumer Goods Companies: Fevertree Drinks (OtherFQVTF), Ocado Group (OtherOCDGF) and Conagra Brands (CAG)

Analysts fell to the sidelines weighing in on Fevertree Drinks (FQVTFResearch Report), Ocado Group (OCDGFResearch Report) and Conagra Brands (CAGResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Fevertree Drinks (FQVTF)

Jefferies analyst Ed Mundy maintained a Hold rating on Fevertree Drinks on January 1 and set a price target of p1350.00. The company’s shares closed last Tuesday at $13.12.

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 Coca-Cola Europacific Partners, Diageo, and Diageo.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fevertree Drinks with a $18.27 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Ocado Group (OCDGF)

In a report issued on January 1, Giles Thorne from Jefferies maintained a Hold rating on Ocado Group, with a price target of p575.00. The company’s shares closed last Tuesday at $9.34.

According to TipRanks.com, Thorne is ranked #4828 out of 8654 analysts.

Ocado Group has an analyst consensus of Hold, with a price target consensus of $9.55.

Conagra Brands (CAG)

Wells Fargo analyst Christopher Carey maintained a Hold rating on Conagra Brands today and set a price target of $31.00. The company’s shares closed last Tuesday at $29.53.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 5.5% and a 52.8% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.

Conagra Brands has an analyst consensus of Hold, with a price target consensus of $29.92, representing a 4.7% upside. In a report issued on December 19, Bank of America Securities also maintained a Hold rating on the stock with a $30.00 price target.

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