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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Freshpet (FRPT) and Conagra Brands (CAG)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Freshpet (FRPTResearch Report) and Conagra Brands (CAGResearch Report).

Freshpet (FRPT)

In a report issued on January 5, Mark Astrachan from Stifel Nicolaus maintained a Buy rating on Freshpet, with a price target of $91.00. The company’s shares closed last Friday at $84.47, close to its 52-week high of $89.06.

According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 15.6% and a 67.3% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as Colgate-Palmolive, Procter & Gamble, and Celsius Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freshpet with a $86.00 average price target.

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

Conagra Brands (CAG)

In a report released yesterday, Jason English from Goldman Sachs maintained a Hold rating on Conagra Brands. The company’s shares closed last Friday at $28.21.

According to TipRanks.com, English is a 3-star analyst with an average return of 1.3% and a 54.5% success rate. English covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Simply Good Foods.

Currently, the analyst consensus on Conagra Brands is a Hold with an average price target of $29.38, representing a 2.7% upside. In a report issued on January 4, Wells Fargo also maintained a Hold rating on the stock with a $30.00 price target.

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