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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Monster Beverage (MNST), Albertsons Companies (ACI) and McCormick & Company (MKC)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Monster Beverage (MNSTResearch Report), Albertsons Companies (ACIResearch Report) and McCormick & Company (MKCResearch 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 5.8% and a 51.9% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Vita Coco Company.

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.

See the top stocks recommended by analysts >>

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 11.6% and a 68.8% success rate. Rosenblum covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Home Depot, and Target.

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 3.3% and a 61.7% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company.

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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