Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Monster Beverage (MNST – Research Report), Albertsons Companies (ACI – Research Report) and McCormick & Company (MKC – Research Report).
Monster Beverage (MNST)
Piper Sandler analyst Michael Lavery maintained a Hold rating on Monster Beverage on January 17 and set a price target of $58.00. The company’s shares closed last Monday at $56.57.
According to TipRanks.com, Lavery is a 4-star analyst with an average return of
Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $63.18, a 10.3% upside from current levels. In a report issued on January 10, UBS also maintained a Hold rating on the stock with a $62.00 price target.
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Albertsons Companies (ACI)
Bernstein analyst Dean Rosenblum maintained a Buy rating on Albertsons Companies on January 18 and set a price target of $26.25. The company’s shares closed last Monday at $21.94.
According to TipRanks.com, Rosenblum is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albertsons Companies with a $24.10 average price target, implying a 9.5% upside from current levels. In a report issued on January 3, RBC Capital also maintained a Buy rating on the stock with a $24.00 price target.
McCormick & Company (MKC)
In a report issued on January 18, Robert Dickerson from Jefferies reiterated a Hold rating on McCormick & Company, with a price target of $67.00. The company’s shares closed last Monday at $64.50, close to its 52-week low of $59.13.
According to TipRanks.com, Dickerson is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for McCormick & Company with a $69.60 average price target, an 8.2% upside from current levels. In a report released today, Consumer Edge Research also downgraded the stock to Hold.
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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