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Analysts Offer Insights on Consumer Goods Companies: Coca-Cola (KO), Brown-Forman B (BF.B) and BBB Foods, Inc. Class A (TBBB)

Tipranks - Wed Jun 3, 6:52AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Coca-Cola (KO), Brown-Forman B (BF.B) and BBB Foods, Inc. Class A (TBBB).

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Coca-Cola (KO)

In a report released today, Peter Galbo from Bank of America Securities maintained a Buy rating on Coca-Cola, with a price target of $90.00. The company’s shares closed last Monday at $78.64.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 1.6% and a 53.0% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

Currently, the analyst consensus on Coca-Cola is a Strong Buy with an average price target of $88.00, implying an 12.0% upside from current levels. In a report issued on May 18, Wells Fargo also maintained a Buy rating on the stock with a $90.00 price target.

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Brown-Forman B (BF.B)

RBC Capital analyst Nik Modi maintained a Hold rating on Brown-Forman B today and set a price target of $30.00. The company’s shares closed last Monday at $25.16.

According to TipRanks.com, Modi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.2% and a 45.0% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International. ;'>

Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $26.55, which is a 3.9% upside from current levels. In a report issued on May 20, Citi also maintained a Hold rating on the stock with a $26.00 price target.

BBB Foods, Inc. Class A (TBBB)

In a report released today, Hector Maya from Scotiabank maintained a Buy rating on BBB Foods, Inc. Class A, with a price target of $48.00. The company’s shares closed last Monday at $39.56.

Maya has an average return of 19.9% when recommending BBB Foods, Inc. Class A. ;'>

According to TipRanks.com, Maya is ranked #4081 out of 12287 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BBB Foods, Inc. Class A with a $44.25 average price target, which is a 18.7% upside from current levels. In a report issued on May 27, HSBC also upgraded the stock to Buy with a $47.00 price target.

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