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Analysts Offer Insights on Consumer Goods Companies: Honest Company (HNST) and Brown-Forman B (BF.B)

Tipranks - Fri Mar 6, 5:26AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Honest Company (HNSTResearch Report) and Brown-Forman B (BF.BResearch Report).

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Honest Company (HNST)

In a report released yesterday, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Honest Company, with a price target of $3.00. The company’s shares closed last Wednesday at $2.93, close to its 52-week low of $2.40.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.8% and a 63.8% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Colgate-Palmolive. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honest Company with a $3.60 average price target, representing a 26.8% upside. In a report issued on February 19, Telsey Advisory also maintained a Hold rating on the stock with a $3.00 price target.

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Brown-Forman B (BF.B)

In a report released yesterday, Andrea Pistacchi from Bank of America Securities maintained a Sell rating on Brown-Forman B, with a price target of $26.50. The company’s shares closed last Wednesday at $26.26.

According to TipRanks.com, Pistacchi is a 1-star analyst with an average return of -3.8% and a 34.4% success rate. Pistacchi covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Anheuser-Busch Inbev Sa, and Diageo. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Brown-Forman B with a $28.10 average price target.

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