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Analysts Offer Insights on Consumer Goods Companies: Primo Brands (PRMB) and Brown-Forman B (BF.B)

Tipranks - Tipranks - Sat Jun 6, 11:56AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Primo Brands (PRMB) and Brown-Forman B (BF.B).

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Primo Brands (PRMB)

Bank of America Securities analyst Peter Galbo maintained a Buy rating on Primo Brands today and set a price target of $27.00. The company’s shares closed last Friday at $23.05.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 1.2% and a 50.5% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Primo Brands with a $27.00 average price target, which is a 17.7% upside from current levels. In a report issued on May 30, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $27.00 price target.

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Brown-Forman B (BF.B)

Citi analyst Filippo Falorni maintained a Hold rating on Brown-Forman B today. The company’s shares closed last Friday at $25.80.

According to TipRanks.com, Falorni is a 1-star analyst with an average return of -0.4% and a 53.9% success rate. Falorni covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Colgate-Palmolive. ;'>

Brown-Forman B has an analyst consensus of Hold, with a price target consensus of $26.64, which is a 5.2% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $28.00 price target.

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