There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Monster Beverage (MNST – Research Report) and Freshpet (FRPT – Research Report) with bullish sentiments.
Monster Beverage (MNST)
Bank of America Securities analyst Peter Galbo maintained a Buy rating on Monster Beverage on January 17 and set a price target of $65.00. The company’s shares closed last Monday at $56.71.
According to TipRanks.com, Galbo is a 3-star analyst with an average return of
Currently, the analyst consensus on Monster Beverage is a Moderate Buy with an average price target of $63.18, representing a 10.3% upside. In a report issued on January 10, Wells Fargo also maintained a Buy rating on the stock with a $65.00 price target.
See the top stocks recommended by analysts >>
Freshpet (FRPT)
In a report issued on January 17, John Lawrence from Benchmark Co. assigned a Buy rating to Freshpet, with a price target of $100.00. The company’s shares closed last Monday at $87.71, close to its 52-week high of $89.06.
According to TipRanks.com, Lawrence is a 4-star analyst with an average return of
Freshpet has an analyst consensus of Moderate Buy, with a price target consensus of $91.18, a 4.7% upside from current levels. In a report issued on January 5, Stifel Nicolaus also maintained a Buy rating on the stock with a $91.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on MNST:
- Monster Beverage price target raised to $58 from $57 at BMO Capital
- Monster Beverage price target raised to $64 from $61 at Deutsche Bank
- Monster Beverage Analyst Day commentary was ‘positive’, says RBC Capital
- Monster Beverage price target raised to $65 from $61 at JPMorgan
- Monster Beverage hosts Investor Meeting
