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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Grocery Outlet Holding (GO), Brown-Forman B (BF.B) and PepsiCo (PEP)

Tipranks - Fri Mar 6, 6:46AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Grocery Outlet Holding (GOResearch Report), Brown-Forman B (BF.BResearch Report) and PepsiCo (PEPResearch Report).

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Grocery Outlet Holding (GO)

TD Cowen analyst Oliver Chen maintained a Hold rating on Grocery Outlet Holding today and set a price target of $8.00. The company’s shares closed last Wednesday at $8.79.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 4.5% and a 50.8% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Levi Strauss & Co, and Ermenegildo Zegna. ;'>

Currently, the analyst consensus on Grocery Outlet Holding is a Hold with an average price target of $9.45, which is a 5.1% upside from current levels. In a report released today, TipRanks – Anthropic also upgraded the stock to Hold with a $8.50 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 Wednesday at $26.26.

According to TipRanks.com, Modi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.1% and a 46.6% 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 Moderate Sell with an average price target of $27.50, representing a -5.6% downside. In a report issued on February 19, TipRanks – OpenAI also downgraded the stock to Hold with a $31.00 price target.

PepsiCo (PEP)

Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo today and set a price target of $172.00. The company’s shares closed last Wednesday at $163.92.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 5.4% and a 50.4% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

PepsiCo has an analyst consensus of Moderate Buy, with a price target consensus of $173.53.

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