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Analysts Offer Insights on Consumer Goods Companies: Albertsons Companies (ACI) and Diageo (OtherDGEAF)

Tipranks - Tipranks - Thu Apr 16, 6:47AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Albertsons Companies (ACI) and Diageo (DGEAF) with bullish sentiments.

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Albertsons Companies (ACI)

In a report released today, Edward Kelly from Wells Fargo maintained a Buy rating on Albertsons Companies, with a price target of $21.00. The company’s shares closed last Tuesday at $16.34.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.8% and a 65.1% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Bj’s Wholesale Club Holdings, and Performance Food Group. ;'>

Albertsons Companies has an analyst consensus of Moderate Buy, with a price target consensus of $21.22, representing a 27.1% upside. In a report issued on April 6, RBC Capital also maintained a Buy rating on the stock with a $21.00 price target.

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Diageo (DGEAF)

Bernstein analyst Trevor Stirling maintained a Buy rating on Diageo today and set a price target of £23.40. The company’s shares closed last Tuesday at $19.90.

According to TipRanks.com, Stirling is ranked #10011 out of 12179 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $25.84, implying a 29.2% upside from current levels. In a report issued on March 31, Deutsche Bank also upgraded the stock to Buy with a £16.50 price target.

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