This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Nestlé SA (OtherNSRGF) and B&G Foods (BGS)

Tipranks - Wed May 13, 8:44PM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Nestlé SA (NSRGF) and B&G Foods (BGS).

Claim 55% Off TipRanks

Nestlé SA (NSRGF)

In a report issued on May 11, Jon Cox from Kepler Capital maintained a Buy rating on Nestlé SA, with a price target of CHF90.00. The company’s shares closed last Tuesday at $96.77.

Cox has an average return of 1.8% when recommending Nestlé SA. ;'>

According to TipRanks.com, Cox is ranked #5023 out of 12246 analysts.

Currently, the analyst consensus on Nestlé SA is a Hold with an average price target of $110.32, which is a 14.0% upside from current levels. In a report issued on April 26, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a CHF90.00 price target.

See today’s best-performing stocks on TipRanks >>

B&G Foods (BGS)

In a report released yesterday, Scott Marks CFA from Jefferies reiterated a Hold rating on B&G Foods, with a price target of $5.00. The company’s shares closed last Tuesday at $5.07.

According to TipRanks.com, CFA is ranked 0 out of 5 stars with an average return of -15.5% and a 26.8% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

Currently, the analyst consensus on B&G Foods is a Hold with an average price target of $5.20, representing a 1.2% upside. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $6.00 price target.

Read More on NSRGF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.