There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Monster Beverage (MNST – Research Report) and Turning Point Brands (TPB – Research Report) with bullish sentiments.
Monster Beverage (MNST)
Truist Financial analyst Bill Chappell maintained a Buy rating on Monster Beverage today and set a price target of $55.85. The company’s shares closed last Wednesday at $55.85.
According to TipRanks.com, Chappell is a 4-star analyst with an average return of
Monster Beverage has an analyst consensus of Strong Buy, with a price target consensus of $63.86, a 13.6% upside from current levels. In a report issued on February 26, Deutsche Bank also maintained a Buy rating on the stock with a $63.00 price target.
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Turning Point Brands (TPB)
In a report released today, Michael Legg from Benchmark Co. reiterated a Buy rating on Turning Point Brands, with a price target of $34.00. The company’s shares closed last Wednesday at $24.69.
Legg has an average return of
According to TipRanks.com, Legg is ranked #913 out of 8750 analysts.
Currently, the analyst consensus on Turning Point Brands is a Moderate Buy with an average price target of $34.00, representing a 37.8% upside. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.
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Read More on MNST:
- CORRECTION – Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results
- Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results
- MNST Upcoming Earnings Report: What to Expect?
- Monster Beverage to Report Financial Results for 2023 Fourth Quarter on February 28, 2024
- Monster Beverage Corporation’s CANarchy Craft Brewery Collective to Operate as Monster Brewing Company
