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Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT) and Coty (COTY)

Tipranks - Thu May 7, 6:52AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Walmart (WMT) and Coty (COTY).

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Walmart (WMT)

In a report released today, Robert Drbul from BTIG maintained a Buy rating on Walmart, with a price target of $145.00. The company’s shares closed last Tuesday at $130.79.

According to TipRanks.com, Drbul is a 4-star analyst with an average return of 5.2% and a 53.5% success rate. Drbul covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, Columbia Sportswear, and Burlington Stores. ;'>

Walmart has an analyst consensus of Strong Buy, with a price target consensus of $139.00, implying a 6.5% upside from current levels. In a report issued on April 30, TipRanks – OpenAI also upgraded the stock to Buy with a $143.00 price target.

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Coty (COTY)

Goldman Sachs analyst Bonnie Herzog maintained a Hold rating on Coty yesterday and set a price target of $2.20. The company’s shares closed last Tuesday at $2.56.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 4.6% and a 55.2% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Constellation Brands, and Vita Coco Company. ;'>

Coty has an analyst consensus of Hold, with a price target consensus of $3.29, which is a 37.1% upside from current levels. In a report issued on May 1, Canaccord Genuity also maintained a Hold rating on the stock with a $2.50 price target.

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