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Analysts Offer Insights on Consumer Goods Companies: PepsiCo (PEP) and Kellanova (K)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on PepsiCo (PEPResearch Report) and Kellanova (KResearch Report).

PepsiCo (PEP)

In a report released today, Bryan Spillane from Bank of America Securities reiterated a Buy rating on PepsiCo, with a price target of $210.00. The company’s shares closed last Friday at $167.67.

According to TipRanks.com, Spillane is a 4-star analyst with an average return of 4.0% and a 57.8% success rate. Spillane covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company.

PepsiCo has an analyst consensus of Moderate Buy, with a price target consensus of $188.15, representing a 9.9% upside. In a report issued on February 8, Barclays also maintained a Buy rating on the stock with a $179.00 price target.

See the top stocks recommended by analysts >>

Kellanova (K)

In a report released today, Michael Lavery from Piper Sandler reiterated a Hold rating on Kellanova, with a price target of $60.00. The company’s shares closed last Friday at $53.49.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 6.8% and a 53.6% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Vita Coco Company.

Currently, the analyst consensus on Kellanova is a Hold with an average price target of $59.54, representing an 8.8% upside. In a report issued on January 31, Citi also initiated coverage with a Hold rating on the stock with a $57.00 price target.

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