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Analysts Are Bullish on These Consumer Goods Stocks: Anheuser-Busch Inbev Sa (BUD), Diageo (DEO)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Anheuser-Busch Inbev Sa (BUDResearch Report) and Diageo (DEOResearch Report) with bullish sentiments.

Anheuser-Busch Inbev Sa (BUD)

Bernstein analyst Nadine Sarwat maintained a Buy rating on Anheuser-Busch Inbev Sa yesterday and set a price target of $80.00. The company’s shares closed last Thursday at $57.91.

According to TipRanks.com, Sarwat is ranked #5957 out of 8781 analysts.

Anheuser-Busch Inbev Sa has an analyst consensus of Moderate Buy, with a price target consensus of $74.25, representing a 29.3% upside. In a report issued on April 8, Morgan Stanley also maintained a Buy rating on the stock with a $68.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Diageo (DEO)

In a report released yesterday, Trevor Stirling from Bernstein maintained a Buy rating on Diageo, with a price target of $180.00. The company’s shares closed last Thursday at $140.79, close to its 52-week low of $135.63.

Stirling has an average return of 8.6% when recommending Diageo.

According to TipRanks.com, Stirling is ranked #2917 out of 8781 analysts.

Diageo has an analyst consensus of Hold, with a price target consensus of $154.34.

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