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Wall Street Analysts Are Bullish on Top Consumer Goods Picks

Tipranks - Fri Jun 12, 4:44AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Mondelez International (MDLZ) and Church & Dwight (CHD) with bullish sentiments.

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Mondelez International (MDLZ)

Bernstein analyst Alexia Burland Howard maintained a Buy rating on Mondelez International yesterday and set a price target of $74.00. The company’s shares closed last Wednesday at $64.18.

According to TipRanks.com, Howard ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.5% and a 40.5% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and The Hershey Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $66.56 average price target, implying a 4.9% upside from current levels. In a report issued on May 27, TipRanks – xAI also upgraded the stock to Buy with a $69.00 price target.

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Church & Dwight (CHD)

In a report released today, Anna Lizzul from Bank of America Securities maintained a Buy rating on Church & Dwight, with a price target of $115.00. The company’s shares closed last Wednesday at $98.19, close to its 52-week low of $96.35.

According to TipRanks.com, Lizzul is a 1-star analyst with an average return of -0.2% and a 48.3% success rate. Lizzul covers the Consumer Goods sector, focusing on stocks such as Kimberly Clark, e.l.f. Beauty, and Clorox. ;'>

Currently, the analyst consensus on Church & Dwight is a Moderate Buy with an average price target of $101.61, representing a 3.7% upside. In a report issued on May 29, Goldman Sachs also maintained a Buy rating on the stock with a $111.00 price target.

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