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Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), PepsiCo (PEP)

Tipranks - Tue Apr 21, 6:18AM CDT

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

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Dollar General (DG)

Bank of America Securities analyst Robert Ohmes reiterated a Buy rating on Dollar General today and set a price target of $175.00. The company’s shares closed last Friday at $126.68.

According to TipRanks.com, Ohmes is a 5-star analyst with an average return of 7.3% and a 57.2% success rate. Ohmes covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dollar General with a $151.35 average price target, representing a 22.7% upside. In a report issued on April 6, Jefferies also maintained a Buy rating on the stock with a $170.00 price target.

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PepsiCo (PEP)

Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo today and set a price target of $181.00. The company’s shares closed last Friday at $157.67.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 3.7% and a 48.0% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

Currently, the analyst consensus on PepsiCo is a Moderate Buy with an average price target of $173.16, representing a 9.4% upside. In a report issued on April 16, TipRanks – OpenAI also upgraded the stock to Buy with a $171.00 price target.

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