Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Costco (COST) and Chegg (CHGG)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Costco (COST – Research Report) and Chegg (CHGG – Research Report).
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Costco (COST)
In a report released today, Zhihan Ma from Bernstein maintained a Buy rating on Costco, with a price target of $1146.00. The company’s shares closed last Monday at $978.32.
According to TipRanks.com, Ma is a 4-star analyst with an average return of
Currently, the analyst consensus on Costco is a Strong Buy with an average price target of $1065.50, representing an 8.0% upside. In a report issued on January 12, DBS also maintained a Buy rating on the stock with a $1195.00 price target.
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Chegg (CHGG)
In a report released today, Bryan Smilek from J.P. Morgan maintained a Sell rating on Chegg. The company’s shares closed last Monday at $0.75, close to its 52-week low of $0.62.
According to TipRanks.com, Smilek is ranked #11444 out of 12040 analysts.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Chegg.
