There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Philip Morris (PM – Research Report) and PepsiCo (PEP – Research Report) with bullish sentiments.
Philip Morris (PM)
In a report released today, Lisa Lewandowski from Bank of America Securities reiterated a Buy rating on Philip Morris, with a price target of $108.00. The company’s shares closed last Tuesday at $95.96.
Lewandowski has an average return of
According to TipRanks.com, Lewandowski is ranked #3074 out of 8792 analysts.
Currently, the analyst consensus on Philip Morris is a Moderate Buy with an average price target of $102.85, representing a 9.3% upside. In a report issued on April 12, Barclays also maintained a Buy rating on the stock with a $110.00 price target.
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PepsiCo (PEP)
Bank of America Securities analyst Bryan Spillane maintained a Buy rating on PepsiCo today and set a price target of $210.00. The company’s shares closed last Tuesday at $173.29.
According to TipRanks.com, Spillane is a 4-star analyst with an average return of
Currently, the analyst consensus on PepsiCo is a Moderate Buy with an average price target of $191.00, representing an 8.2% upside. In a report issued on April 12, Barclays also maintained a Buy rating on the stock with a $184.00 price target.
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Read More on PM:
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