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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: PepsiCo (PEP), Walmart (WMT) and JM Smucker (SJM)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on PepsiCo (PEPResearch Report), Walmart (WMTResearch Report) and JM Smucker (SJMResearch Report).

PepsiCo (PEP)

In a report released yesterday, Lauren Lieberman from Barclays maintained a Buy rating on PepsiCo, with a price target of $183.00. The company’s shares closed last Wednesday at $168.83.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 2.2% and a 53.8% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Edgewell Personal Care, and Constellation Brands.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PepsiCo with a $189.44 average price target, which is an 11.5% upside from current levels. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock with a $200.00 price target.

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Walmart (WMT)

Barclays analyst Seth Sigman maintained a Buy rating on Walmart yesterday and set a price target of $180.00. The company’s shares closed last Wednesday at $173.70.

According to TipRanks.com, Sigman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.6% and a 53.4% success rate. Sigman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Dollar General, and Tractor Supply.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $152.31 average price target, implying a -13.0% 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.

JM Smucker (SJM)

In a report released yesterday, Andrew Lazar from Barclays initiated coverage with a Hold rating on JM Smucker and a price target of $129.00. The company’s shares closed last Wednesday at $126.08.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 6.2% and a 60.4% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and McCormick & Company.

The word on The Street in general, suggests a Hold analyst consensus rating for JM Smucker with a $133.64 average price target, which is a 6.3% upside from current levels. In a report issued on February 12, Jefferies also maintained a Hold rating on the stock with a $125.00 price target.

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