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Analysts Offer Insights on Consumer Goods Companies: Costco (COST), Albertsons Companies (ACI) and Simply Good Foods (SMPL)

Tipranks - Sat Apr 11, 7:22AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Costco (COST), Albertsons Companies (ACI) and Simply Good Foods (SMPL).

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Costco (COST)

D.A. Davidson analyst Michael Baker maintained a Hold rating on Costco today. The company’s shares closed last Thursday at $1032.03, close to its 52-week high of $1078.23.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 5.2% and a 53.9% success rate. Baker covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, Jerash Holdings (US), and The Lovesac Company. ;'>

Currently, the analyst consensus on Costco is a Moderate Buy with an average price target of $1102.42, implying a 7.1% upside from current levels. In a report issued on March 30, Guggenheim also maintained a Hold rating on the stock.

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Albertsons Companies (ACI)

In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Albertsons Companies, with a price target of $22.00. The company’s shares closed last Thursday at $17.47, close to its 52-week low of $17.00.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 3.1% and a 49.8% success rate. Feldman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, aka Brands Holding Corp, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Albertsons Companies is a Moderate Buy with an average price target of $20.00, which is a 13.9% upside from current levels. In a report issued on April 6, RBC Capital also maintained a Buy rating on the stock with a $21.00 price target.

Simply Good Foods (SMPL)

D.A. Davidson analyst Brian Holland maintained a Hold rating on Simply Good Foods today. The company’s shares closed last Thursday at $11.80.

According to TipRanks.com, Holland is a 2-star analyst with an average return of -0.1% and a 44.1% success rate. Holland covers the Consumer Goods sector, focusing on stocks such as Nature’s Sunshine Products, Mondelez International, and The Hershey Company. ;'>

Currently, the analyst consensus on Simply Good Foods is a Moderate Buy with an average price target of $18.23, representing a 74.1% upside. In a report issued on March 26, TipRanks – PerPlexity also downgraded the stock to Hold with a $15.00 price target.

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