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Analysts Offer Insights on Consumer Goods Companies: Bj’s Wholesale Club Holdings (BJ) and Walmart (WMT)

Tipranks - Sat Jun 6, 8:12AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Bj’s Wholesale Club Holdings (BJ) and Walmart (WMT) with bullish sentiments.

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Bj’s Wholesale Club Holdings (BJ)

TD Cowen analyst Oliver Chen maintained a Buy rating on Bj’s Wholesale Club Holdings today and set a price target of $110.00. The company’s shares closed last Thursday at $88.40.

According to TipRanks.com, Chen is a 3-star analyst with an average return of 2.2% and a 47.4% success rate. Chen covers the NA sector, focusing on stocks such as Brilliant Earth Group, Canada Goose Holdings, and Ermenegildo Zegna. ;'>

Bj’s Wholesale Club Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $102.00, a 14.1% upside from current levels. In a report issued on May 22, TipRanks – xAI also upgraded the stock to Buy with a $106.00 price target.

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Walmart (WMT)

Barclays analyst Seth Sigman maintained a Buy rating on Walmart today and set a price target of $132.00. The company’s shares closed last Thursday at $117.74.

According to TipRanks.com, Sigman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.9% and a 50.8% success rate. Sigman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Williams-Sonoma, and Tractor Supply. ;'>

Currently, the analyst consensus on Walmart is a Strong Buy with an average price target of $141.75, a 18.2% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $140.00 price target.

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