Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Goods Companies: Krispy Kreme (DNUT) and European Wax Center (EWCZ)

Tipranks - Thu Mar 5, 7:50AM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Krispy Kreme (DNUTResearch Report) and European Wax Center (EWCZResearch Report).

Claim 70% Off TipRanks Premium

Krispy Kreme (DNUT)

In a report released today, Brian Harbour from Morgan Stanley maintained a Sell rating on Krispy Kreme, with a price target of $3.00. The company’s shares closed last Tuesday at $3.53.

According to TipRanks.com, Harbour is a 1-star analyst with an average return of -0.5% and a 48.7% success rate. Harbour covers the NA sector, focusing on stocks such as Black Rock Coffee Bar, Inc. Class A, Restaurant Brands International, and Brinker International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Krispy Kreme with a $4.13 average price target, representing a 21.8% upside. In a report issued on February 27, TipRanks – Anthropic also reiterated a Sell rating on the stock with a $3.50 price target.

See today’s best-performing stocks on TipRanks >>

European Wax Center (EWCZ)

Truist Financial analyst Scot Ciccarelli maintained a Hold rating on European Wax Center today. The company’s shares closed last Tuesday at $5.74.

According to TipRanks.com, Ciccarelli is a top 100 analyst with an average return of 16.8% and a 72.2% success rate. Ciccarelli covers the NA sector, focusing on stocks such as Genuine Parts Company, Advance Auto Parts, and Tractor Supply. ;'>

European Wax Center has an analyst consensus of Hold, with a price target consensus of $5.80, representing a 1.4% upside. In a report issued on February 26, Telsey Advisory also maintained a Hold rating on the stock with a $5.80 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.