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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Coty (COTY), Kraft Heinz (KHC) and Costco (COST)

Tipranks - Fri May 8, 10:36AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Coty (COTY), Kraft Heinz (KHC) and Costco (COST).

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Coty (COTY)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Hold rating on Coty, with a price target of $7.00. The company’s shares closed last Thursday at $2.51.

According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 2.0% and a 50.5% 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. ;'>

Currently, the analyst consensus on Coty is a Hold with an average price target of $3.31, which is a 24.9% 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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Kraft Heinz (KHC)

In a report released today, David Palmer from Evercore ISI maintained a Hold rating on Kraft Heinz, with a price target of $22.00. The company’s shares closed last Thursday at $23.33.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.1% and a 56.4% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

Kraft Heinz has an analyst consensus of Hold, with a price target consensus of $22.38, implying a -2.7% downside from current levels. In a report issued on May 1, Bernstein also maintained a Hold rating on the stock.

Costco (COST)

Evercore ISI analyst Greg Melich maintained a Buy rating on Costco today and set a price target of $1100.00. The company’s shares closed last Thursday at $997.00.

According to TipRanks.com, Melich is a 4-star analyst with an average return of 9.4% and a 61.4% success rate. Melich covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Genuine Parts Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $1102.24 average price target, which is a 10.9% upside from current levels. In a report issued on April 22, Bernstein also maintained a Buy rating on the stock with a $1170.00 price target.

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