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Analysts’ Top Consumer Goods Picks: Target (TGT), B&G Foods (BGS)

Tipranks - Thu May 14, 8:44AM CDT

Analysts are pulling back from the Consumer Goods sector as 2 experts expressed today bearish sentiments on Target (TGT) and B&G Foods (BGS).

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Target (TGT)

Bank of America Securities analyst Christopher Nardone maintained a Sell rating on Target today. The company’s shares closed last Wednesday at $119.45.

According to TipRanks.com, Nardone is a 4-star analyst with an average return of 13.5% and a 57.0% success rate. Nardone covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Tractor Supply, and Home Depot. ;'>

Target has an analyst consensus of Moderate Buy, with a price target consensus of $129.75, implying a 6.5% upside from current levels. In a report issued on April 28, Bernstein also maintained a Sell rating on the stock with a $124.00 price target.

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B&G Foods (BGS)

In a report released today, Robert Moskow from TD Cowen maintained a Sell rating on B&G Foods, with a price target of $4.00. The company’s shares closed last Wednesday at $4.48.

According to TipRanks.com, Moskow is a 1-star analyst with an average return of -0.7% and a 42.9% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Mondelez International, and Once Upon a Farm, PBC. ;'>

B&G Foods has an analyst consensus of Hold, with a price target consensus of $5.20.

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