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Analysts Are Bullish on These Consumer Goods Stocks: United Natural Foods (UNFI), Bunge Global (BG)

Tipranks - Thu Mar 12, 6:42AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on United Natural Foods (UNFIResearch Report) and Bunge Global (BGResearch Report) with bullish sentiments.

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United Natural Foods (UNFI)

BMO Capital analyst Kelly Bania reiterated a Buy rating on United Natural Foods today and set a price target of $52.00. The company’s shares closed last Tuesday at $37.68.

According to TipRanks.com, Bania is a 5-star analyst with an average return of 7.9% and a 67.0% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, Albertsons Companies, and The Chefs’ Warehouse. ;'>

Currently, the analyst consensus on United Natural Foods is a Hold with an average price target of $42.25.

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Bunge Global (BG)

In a report released yesterday, Thomas Palmer from J.P. Morgan maintained a Buy rating on Bunge Global. The company’s shares closed last Tuesday at $119.75.

According to TipRanks.com, Palmer is a 1-star analyst with an average return of -0.8% and a 43.4% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and Once Upon a Farm, PBC. ;'>

Bunge Global has an analyst consensus of Strong Buy, with a price target consensus of $132.33, representing a 7.6% upside. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $135.00 price target.

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