Analysts’ Top Consumer Goods Picks: Diageo (DGEAF), Anheuser-Busch Inbev Sa (BUD)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Diageo (DGEAF) and Anheuser-Busch Inbev Sa (BUD) with bullish sentiments.
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Diageo (DGEAF)
In a report released today, Ed Mundy from Jefferies maintained a Buy rating on Diageo, with a price target of £20.00. The company’s shares closed last Tuesday at $18.81.
Mundy has an average return of
According to TipRanks.com, Mundy is ranked #7945 out of 12128 analysts.
Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $25.81, implying a 38.5% upside from current levels. In a report released yesterday, Deutsche Bank also upgraded the stock to Buy with a £16.50 price target.
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Anheuser-Busch Inbev Sa (BUD)
In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Anheuser-Busch Inbev Sa, with a price target of $100.00. The company’s shares closed last Tuesday at $69.37.
According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of
Anheuser-Busch Inbev Sa has an analyst consensus of Strong Buy, with a price target consensus of $98.21, a 41.6% upside from current levels. In a report issued on March 19, TipRanks – xAI also upgraded the stock to Buy with a $78.00 price target.
Read More on DGEAF:
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- Diageo upgraded to Buy from Hold at Deutsche Bank
- Diageo upgraded to Neutral from Underperform at BNP Paribas
- Diageo’s United Spirits Sells Royal Challengers Bengaluru Stake for INR 166.6 Billion
- Diageo Executives Add Shares Through Incentive Plan Awards
- Diageo Grants New Long-Term Incentive Awards to CEO and Executive Committee Member
