Analysts Are Neutral on These Consumer Goods Stocks: Brown-Forman B (BF.B), Nestlé SA (NSRGF)
Analysts fell to the sidelines weighing in on Brown-Forman B (BF.B – Research Report) and Nestlé SA (NSRGF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Brown-Forman B (BF.B)
In a report released yesterday, Peter Grom from UBS maintained a Hold rating on Brown-Forman B, with a price target of $32.00. The company’s shares closed last Wednesday at $27.16.
According to TipRanks.com, Grom has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $30.29.
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Nestlé SA (NSRGF)
In a report released today, James Edwardes Jones from RBC Capital maintained a Hold rating on Nestlé SA, with a price target of CHF80.00. The company’s shares closed last Wednesday at $93.95.
Jones has an average return of
According to TipRanks.com, Jones is ranked #2222 out of 10089 analysts.
Currently, the analyst consensus on Nestlé SA is a Moderate Buy with an average price target of $104.09, a 10.3% upside from current levels. In a report issued on October 10, J.P. Morgan also maintained a Hold rating on the stock.
Read More on BF.B:
Disclaimer & DisclosureReport an Issue
- Brown-Forman says ‘not backing away’ from doubling operating income
- Brown-Forman price target lowered to $30 from $32 at Barclays
- Brown-Forman announces $400M share repurchase program
- Brown-Forman price target lowered to $28.50 from $31 at BofA
- Brown-Forman price target lowered to $29 from $30 at JPMorgan
