Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Philip Morris (PM – Research Report), Kellanova (K – Research Report) and The Hershey Company (HSY – Research Report).
Philip Morris (PM)
In a report released yesterday, Lisa Lewandowski from Bank of America Securities reiterated a Buy rating on Philip Morris, with a price target of $113.00. The company’s shares closed last Thursday at $89.01, close to its 52-week low of $87.23.
Lewandowski has an average return of
According to TipRanks.com, Lewandowski is ranked #1204 out of 8707 analysts.
Currently, the analyst consensus on Philip Morris is a Strong Buy with an average price target of $104.79, representing a 17.7% upside. In a report issued on February 2, Barclays also maintained a Buy rating on the stock with a $110.00 price target.
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Kellanova (K)
In a report released yesterday, Peter Galbo from Bank of America Securities maintained a Hold rating on Kellanova, with a price target of $60.00. The company’s shares closed last Thursday at $54.94.
According to TipRanks.com, Galbo is a 3-star analyst with an average return of
Kellanova has an analyst consensus of Hold, with a price target consensus of $58.11, which is a 4.7% upside from current levels. In a report issued on January 31, Citi also initiated coverage with a Hold rating on the stock with a $57.00 price target.
The Hershey Company (HSY)
In a report released yesterday, Bryan Spillane from Bank of America Securities maintained a Hold rating on The Hershey Company, with a price target of $195.00. The company’s shares closed last Thursday at $202.31.
According to TipRanks.com, Spillane is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for The Hershey Company with a $203.88 average price target, implying a 6.1% upside from current levels. In a report issued on January 31, Citi also initiated coverage with a Hold rating on the stock with a $213.00 price target.
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