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Analysts Offer Insights on Consumer Goods Companies: Anheuser-Busch Inbev Sa (BUD) and Costco (COST)

Tipranks - Tipranks - Fri Apr 10, 7:32AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Anheuser-Busch Inbev Sa (BUD) and Costco (COST).

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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 Wednesday at $74.39.

According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 2.2% and a 51.9% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Constellation Brands. ;'>

Anheuser-Busch Inbev Sa has an analyst consensus of Strong Buy, with a price target consensus of $94.96, implying a 28.5% upside from current levels. In a report issued on March 26, TipRanks – xAI also upgraded the stock to Buy with a $76.00 price target.

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Costco (COST)

In a report released today, John Heinbockel from Guggenheim maintained a Hold rating on Costco. The company’s shares closed last Wednesday at $1030.27, close to its 52-week high of $1078.23.

According to TipRanks.com, Heinbockel is a 5-star analyst with an average return of 10.2% and a 60.8% success rate. Heinbockel covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, Albertsons Companies, and United Natural Foods. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $1100.12 average price target, representing a 9.5% upside. In a report issued on April 2, Erste Group also maintained a Hold rating on the stock.

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