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Analysts’ Top Consumer Goods Picks: Coca-Cola (KO), Vita Coco Company (COCO)

Tipranks - Thu Feb 19, 9:40AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola (KOResearch Report) and Vita Coco Company (COCOResearch Report) with bullish sentiments.

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Coca-Cola (KO)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Coca-Cola, with a price target of $85.00. The company’s shares closed last Wednesday at $79.58.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 4.1% and a 56.8% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola with a $84.93 average price target, which is a 6.8% upside from current levels. In a report issued on February 4, Jefferies also maintained a Buy rating on the stock with a $88.00 price target.

See today’s best-performing stocks on TipRanks >>

Vita Coco Company (COCO)

In a report released today, Eric Des Lauriers from Craig-Hallum maintained a Buy rating on Vita Coco Company. The company’s shares closed last Wednesday at $55.82.

According to TipRanks.com, Lauriers is a 4-star analyst with an average return of 11.6% and a 50.2% success rate. Lauriers covers the Consumer Goods sector, focusing on stocks such as Farmer Brothers Company, Turning Point Brands, and Mama’s Creations. ;'>

Vita Coco Company has an analyst consensus of Strong Buy, with a price target consensus of $60.00.

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