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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Keurig Dr Pepper (KDP) and Boston Beer (SAM)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Keurig Dr Pepper (KDPResearch Report) and Boston Beer (SAMResearch Report).

Keurig Dr Pepper (KDP)

Wells Fargo analyst Christopher Carey maintained a Buy rating on Keurig Dr Pepper today and set a price target of $39.00. The company’s shares closed last Thursday at $33.84.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 5.0% and a 53.1% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.

Keurig Dr Pepper has an analyst consensus of Moderate Buy, with a price target consensus of $35.86, a 5.6% upside from current levels. In a report issued on April 12, Barclays also maintained a Buy rating on the stock with a $36.00 price target.

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Boston Beer (SAM)

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Boston Beer, with a price target of $337.00. The company’s shares closed last Thursday at $287.27, close to its 52-week low of $274.78.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 6.5% and a 60.1% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Mondelez International, and Constellation Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Boston Beer with a $315.09 average price target, which is an 8.2% upside from current levels. In a report issued on April 16, Citi also maintained a Hold rating on the stock with a $315.00 price target.

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