Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Oatly Group (OTLY), Westrock Coffee (WEST) and Grocery Outlet Holding (GO)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Oatly Group (OTLY – Research Report), Westrock Coffee (WEST – Research Report) and Grocery Outlet Holding (GO – Research Report).

Oatly Group (OTLY)

RBC Capital analyst Nik Modi reiterated a Hold rating on Oatly Group today and set a price target of $1.05. The company’s shares closed last Thursday at $1.21.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 6.4% and a 60.3% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oatly Group with a $1.53 average price target.

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Westrock Coffee (WEST)

Benchmark Co. analyst Todd Brooks maintained a Buy rating on Westrock Coffee today and set a price target of $11.00. The company’s shares closed last Thursday at $11.13.

According to TipRanks.com, Brooks is a 4-star analyst with an average return of 5.9% and a 48.0% success rate. Brooks covers the NA sector, focusing on stocks such as GEN Restaurant Group, Inc. Class A, Papa John’s International, and The Chefs’ Warehouse.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Westrock Coffee with a $11.50 average price target.

Grocery Outlet Holding (GO)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Sell rating on Grocery Outlet Holding, with a price target of $20.00. The company’s shares closed last Thursday at $26.58.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 1.7% and a 61.1% success rate. Gutman covers the NA sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Driven Brands Holdings, and Floor & Decor Holdings.

Grocery Outlet Holding has an analyst consensus of Hold, with a price target consensus of $25.50.

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Read More on OTLY:

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