Analysts Conflicted on These Consumer Goods Names: Coles Group (OtherCLEGF), Primo Brands (PRMB) and Brown Forman A (BF.A)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Coles Group (CLEGF – Research Report), Primo Brands (PRMB – Research Report) and Brown Forman A (BF.A – Research Report).
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Coles Group (CLEGF)
J.P. Morgan analyst Bryan Raymond upgraded Coles Group to Buy today and set a price target of A$23.50. The company’s shares closed last Tuesday at $16.37.
According to TipRanks.com, Raymond is ranked #6717 out of 12144 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coles Group with a $16.62 average price target, implying a 1.5% upside from current levels. In a report issued on February 27, Jefferies also upgraded the stock to Buy with a A$23.00 price target.
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Primo Brands (PRMB)
In a report released today, Andrea Faria Teixeira from J.P. Morgan maintained a Buy rating on Primo Brands, with a price target of $27.00. The company’s shares closed last Monday at $22.83.
According to TipRanks.com, Teixeira is a 3-star analyst with an average return of
Primo Brands has an analyst consensus of Strong Buy, with a price target consensus of $26.60, which is a 16.7% upside from current levels. In a report issued on February 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $25.00 price target.
Brown Forman A (BF.A)
J.P. Morgan analyst Drew Levine maintained a Sell rating on Brown Forman A today and set a price target of $29.00. The company’s shares closed last Monday at $29.29.
Currently, the analyst consensus on Brown Forman A is a Moderate Sell with an average price target of $29.00.
