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Wall Street Analysts Are Bullish on Top Consumer Goods Picks

Tipranks - Thu Mar 12, 5:54AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Procter & Gamble (PGResearch Report), Bunge Global (BGResearch Report) and Costco (COSTResearch Report) with bullish sentiments.

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Procter & Gamble (PG)

Bank of America Securities analyst Peter Galbo maintained a Buy rating on Procter & Gamble today and set a price target of $171.00. The company’s shares closed last Tuesday at $156.01, close to its 52-week low of $153.52.

According to TipRanks.com, Galbo is a 1-star analyst with an average return of -0.4% and a 47.2% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Lamb Weston Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Procter & Gamble with a $166.25 average price target, which is a 6.9% upside from current levels. In a report issued on February 26, TipRanks – Google also upgraded the stock to Buy with a $185.00 price target.

See the top stocks recommended by analysts >>

Bunge Global (BG)

UBS analyst Manav Gupta maintained a Buy rating on Bunge Global yesterday and set a price target of $145.00. The company’s shares closed last Tuesday at $119.75.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 15.4% and a 69.0% success rate. Gupta covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Marathon Petroleum, and Energy Transfer. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bunge Global with a $131.29 average price target, representing a 6.7% upside. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $135.00 price target.

Costco (COST)

In a report released today, Christopher Nardone from Bank of America Securities maintained a Buy rating on Costco, with a price target of $1185.00. The company’s shares closed last Tuesday at $997.36.

According to TipRanks.com, Nardone is ranked #1798 out of 12124 analysts.

Costco has an analyst consensus of Moderate Buy, with a price target consensus of $1086.81, representing an 8.6% upside. In a report issued on March 6, TipRanks – Anthropic also upgraded the stock to Buy with a $1100.00 price target.

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