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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Fevertree Drinks (OtherFQVTF), Ocado Group (OtherOCDGF) and Coles Group Ltd. (OtherCLEGF)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Fevertree Drinks (FQVTFResearch Report), Ocado Group (OCDGFResearch Report) and Coles Group Ltd. (CLEGFResearch Report).

Fevertree Drinks (FQVTF)

In a report released today, Rashad Kawan from Morgan Stanley maintained a Hold rating on Fevertree Drinks, with a price target of p1140.00. The company’s shares closed last Friday at $13.65.

According to TipRanks.com, Kawan is ranked #7183 out of 8761 analysts.

Currently, the analyst consensus on Fevertree Drinks is a Moderate Buy with an average price target of $16.21.

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Ocado Group (OCDGF)

Morgan Stanley analyst Luke Holbrook maintained a Sell rating on Ocado Group today and set a price target of p375.00. The company’s shares closed last Friday at $5.94.

Holbrook has an average return of 9.1% when recommending Ocado Group.

According to TipRanks.com, Holbrook is ranked #4129 out of 8761 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Ocado Group with a $6.98 average price target.

Coles Group Ltd. (CLEGF)

In a report issued on March 21, Lisa Deng from Goldman Sachs maintained a Sell rating on Coles Group Ltd., with a price target of A$15.10. The company’s shares closed last Thursday at $8.57, close to its 52-week low of $7.69.

According to TipRanks.com, Deng is a 3-star analyst with an average return of 1.7% and a 54.0% success rate. Deng covers the NA sector, focusing on stocks such as Corporate Travel Management Limited, Domino’s Pizza Enterprises Limited, and Flight Centre Travel Group Limited.

The word on The Street in general, suggests a Hold analyst consensus rating for Coles Group Ltd. with a $10.95 average price target.

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