Analysts Offer Insights on Consumer Goods Companies: Brown-Forman B (BF.B), Nestlé SA (OtherNSRGF) and Celsius Holdings (CELH)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Brown-Forman B (BF.B – Research Report), Nestlé SA (NSRGF – Research Report) and Celsius Holdings (CELH – Research Report).

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Brown-Forman B (BF.B)

In a report released today, Gerald Pascarelli from Needham reiterated a Hold rating on Brown-Forman B. The company’s shares closed last Wednesday at $27.16.

According to TipRanks.com, Pascarelli is a 2-star analyst with an average return of 1.8% and a 40.5% success rate. Pascarelli covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, Constellation Brands, and Vita Coco Company. ;'>

Brown-Forman B has an analyst consensus of Hold, with a price target consensus of $30.29, a 9.5% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $32.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Nestlé SA (NSRGF)

In a report released today, Guillaume Delmas from UBS maintained a Hold rating on Nestlé SA, with a price target of CHF80.00. The company’s shares closed last Wednesday at $93.95.

According to TipRanks.com, Delmas is ranked #4731 out of 10089 analysts.

Nestlé SA has an analyst consensus of Moderate Buy, with a price target consensus 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.

Celsius Holdings (CELH)

In a report released today, Michael Lavery from Piper Sandler maintained a Buy rating on Celsius Holdings, with a price target of $69.00. The company’s shares closed last Wednesday at $63.10.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 5.2% and a 48.4% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

Currently, the analyst consensus on Celsius Holdings is a Strong Buy with an average price target of $68.50, which is a 10.5% upside from current levels. In a report issued on October 2, Roth MKM also maintained a Buy rating on the stock with a $70.00 price target.

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