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Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT) and Freshpet (FRPT)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Walmart (WMTResearch Report) and Freshpet (FRPTResearch Report) with bullish sentiments.

Walmart (WMT)

In a report released today, Kelly Bania from BMO Capital maintained a Buy rating on Walmart, with a price target of $195.00. The company’s shares closed last Tuesday at $175.86, close to its 52-week high of $181.35.

Bania has an average return of 13.2% when recommending Walmart.

According to TipRanks.com, Bania is ranked #912 out of 8726 analysts.

Walmart has an analyst consensus of Strong Buy, with a price target consensus of $168.83, which is a -5.4% downside from current levels. In a report issued on February 13, Bank of America Securities also maintained a Buy rating on the stock with a $190.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Freshpet (FRPT)

Benchmark Co. analyst John Lawrence maintained a Buy rating on Freshpet today and set a price target of $100.00. The company’s shares closed last Tuesday at $90.00, close to its 52-week high of $90.67.

According to TipRanks.com, Lawrence is a 4-star analyst with an average return of 12.0% and a 71.0% success rate. Lawrence covers the NA sector, focusing on stocks such as Driven Brands Holdings, Casey’s General, and Hibbett Sports.

Freshpet has an analyst consensus of Strong Buy, with a price target consensus of $98.50, which is a 10.9% upside from current levels. In a report issued on February 16, Oppenheimer also maintained a Buy rating on the stock with a $115.00 price target.

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