Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT), Nestlé SA (OtherNSRGF) and JM Smucker (SJM)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Walmart (WMT – Research Report), Nestlé SA (NSRGF – Research Report) and JM Smucker (SJM – Research Report).

Walmart (WMT)

In a report released yesterday, Seth Sigman from Barclays assigned a Buy rating to Walmart, with a price target of $167.00. The company’s shares closed last Monday at $170.30, close to its 52-week high of $170.66.

According to TipRanks.com, Sigman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.9% and a 52.2% success rate. Sigman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Advance Auto Parts, and Williams-Sonoma.

Walmart has an analyst consensus of Strong Buy, with a price target consensus of $166.63, implying a -1.5% downside from current levels. In a report issued on February 9, Citi also maintained a Buy rating on the stock with a $190.00 price target.

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Nestlé SA (NSRGF)

Baader Bank analyst Andreas von Arx maintained a Buy rating on Nestlé SA yesterday and set a price target of CHF110.00. The company’s shares closed last Monday at $110.89.

Arx has an average return of 4.0% when recommending Nestlé SA.

According to TipRanks.com, Arx is ranked #2618 out of 8716 analysts.

Currently, the analyst consensus on Nestlé SA is a Moderate Buy with an average price target of $125.20, implying a 14.7% upside from current levels. In a report issued on January 31, Kepler Capital also maintained a Buy rating on the stock with a CHF125.00 price target.

JM Smucker (SJM)

Jefferies analyst Robert Dickerson maintained a Hold rating on JM Smucker yesterday and set a price target of $125.00. The company’s shares closed last Monday at $129.74.

According to TipRanks.com, Dickerson is a 4-star analyst with an average return of 4.2% and a 62.4% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.

Currently, the analyst consensus on JM Smucker is a Hold with an average price target of $132.73.

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