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Analysts Offer Insights on Consumer Goods Companies: Lamb Weston Holdings (LW) and Bunge Global (BG)

Tipranks - Thu Apr 2, 4:18AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Lamb Weston Holdings (LW) and Bunge Global (BG) with bullish sentiments.

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Lamb Weston Holdings (LW)

Barclays analyst Andrew Lazar maintained a Buy rating on Lamb Weston Holdings today and set a price target of $55.00. The company’s shares closed last Tuesday at $42.26.

According to TipRanks.com, Lazar is a 1-star analyst with an average return of -0.7% and a 47.4% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

Currently, the analyst consensus on Lamb Weston Holdings is a Hold with an average price target of $46.75, representing a 13.3% upside. In a report issued on March 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $45.00 price target.

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Bunge Global (BG)

Barclays analyst Benjamin Theurer maintained a Buy rating on Bunge Global today and set a price target of $145.00. The company’s shares closed last Tuesday at $127.20.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 4.9% and a 52.4% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bunge Global with a $135.57 average price target, implying a 6.8% upside from current levels. In a report issued on March 17, TipRanks – xAI also upgraded the stock to Buy with a $138.00 price target.

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