There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Walmart (WMT – Research Report) and Albertsons Companies (ACI – Research Report) with bullish sentiments.
Walmart (WMT)
In a report released today, Seth Sigman from Barclays maintained a Buy rating on Walmart, with a price target of $167.00. The company’s shares closed last Thursday at $161.11.
According to TipRanks.com, Sigman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Walmart has an analyst consensus of Strong Buy, with a price target consensus of $179.75, representing an 11.4% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $178.00 price target.
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Albertsons Companies (ACI)
In a report released yesterday, Steven Shemesh from RBC Capital maintained a Buy rating on Albertsons Companies, with a price target of $24.00. The company’s shares closed last Thursday at $22.89.
According to TipRanks.com, Shemesh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Albertsons Companies is a Moderate Buy with an average price target of $24.15, representing a 4.8% upside. In a report issued on January 9, Bernstein also maintained a Buy rating on the stock with a $26.50 price target.
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