Analysts Are Bullish on Top Consumer Goods Stocks: Coca-Cola (KO), New Oriental Education Tech (EDU)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola (KO – Research Report) and New Oriental Education Tech (EDU – Research Report) with bullish sentiments.
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Coca-Cola (KO)
Morgan Stanley analyst Dara Mohsenian reiterated a Buy rating on Coca-Cola yesterday and set a price target of $87.00. The company’s shares closed last Tuesday at $76.81.
According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of
Currently, the analyst consensus on Coca-Cola is a Strong Buy with an average price target of $82.64, a 7.8% upside from current levels. In a report issued on January 29, Deutsche Bank also maintained a Buy rating on the stock with a $83.00 price target.
See the top stocks recommended by analysts >>
New Oriental Education Tech (EDU)
Citi analyst Alice Cai reiterated a Buy rating on New Oriental Education Tech yesterday and set a price target of $75.00. The company’s shares closed last Tuesday at $60.91.
Cai has an average return of
According to TipRanks.com, Cai is ranked #8592 out of 12109 analysts.
Currently, the analyst consensus on New Oriental Education Tech is a Strong Buy with an average price target of $72.66, representing a 21.3% upside. In a report issued on January 28, HSBC also upgraded the stock to Buy with a $68.00 price target.
