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Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Diageo (DEO)

Tipranks - Tue Jan 27, 8:32AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Dollar General (DGResearch Report) and Diageo (DEOResearch Report) with bullish sentiments.

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Dollar General (DG)

In a report issued on January 22, Zhihan Ma from Bernstein maintained a Buy rating on Dollar General, with a price target of $150.00. The company’s shares closed last Monday at $148.26, close to its 52-week high of $164.12.

According to TipRanks.com, Ma is a 4-star analyst with an average return of 14.9% and a 71.0% success rate. Ma covers the Consumer Goods sector, focusing on stocks such as Dollar Tree, Dollarama, and Walmart. ;'>

Dollar General has an analyst consensus of Moderate Buy, with a price target consensus of $144.50, which is a -1.6% downside from current levels. In a report issued on January 8, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $170.00 price target.

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Diageo (DEO)

Bernstein analyst Nadine Sarwat maintained a Buy rating on Diageo on January 22 and set a price target of $127.00. The company’s shares closed last Monday at $90.83.

According to TipRanks.com, Sarwat is a 1-star analyst with an average return of -3.2% and a 39.1% success rate. Sarwat covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Molson Coors, and Boston Beer. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diageo with a $96.25 average price target.

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