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Wall Street Analysts Are Neutral on Top Consumer Goods Picks

Tipranks - Thu May 7, 4:44PM CDT

Analysts fell to the sidelines weighing in on Coty (COTY) and J & J Snack Foods (JJSF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Coty (COTY)

In a report released today, Oliver Chen from TD Cowen maintained a Hold rating on Coty, with a price target of $2.90. The company’s shares closed last Wednesday at $2.65.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.1% and a 49.4% success rate. Chen covers the NA sector, focusing on stocks such as Canada Goose Holdings, Brilliant Earth Group, and Ermenegildo Zegna. ;'>

Currently, the analyst consensus on Coty is a Hold with an average price target of $3.30, implying a 33.1% 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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J & J Snack Foods (JJSF)

Jefferies analyst Scott Marks CFA reiterated a Hold rating on J & J Snack Foods today and set a price target of $83.00. The company’s shares closed last Wednesday at $78.66.

According to TipRanks.com, CFA is ranked 0 out of 5 stars with an average return of -12.6% and a 31.3% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. ;'>

Currently, the analyst consensus on J & J Snack Foods is a Moderate Buy with an average price target of $81.00.

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