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 Are Bullish on These Consumer Goods Stocks: New Oriental Education Tech (EDU), Mondelez International (MDLZ)

Tipranks - Fri Jan 30, 7:12AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on New Oriental Education Tech (EDUResearch Report) and Mondelez International (MDLZResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

New Oriental Education Tech (EDU)

CMB International Securities analyst Saiyi He maintained a Buy rating on New Oriental Education Tech today and set a price target of $78.00. The company’s shares closed last Wednesday at $58.95.

According to TipRanks.com, He is a 5-star analyst with an average return of 17.4% and a 63.9% success rate. He covers the NA sector, focusing on stocks such as Tencent Music Entertainment Group, Kanzhun Ltd Sponsored, and Alphabet Class C. ;'>

Currently, the analyst consensus on New Oriental Education Tech is a Moderate Buy with an average price target of $73.00, representing a 19.6% upside. In a report released yesterday, HSBC also upgraded the stock to Buy with a $68.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Mondelez International (MDLZ)

Bernstein analyst Alexia Burland Howard maintained a Buy rating on Mondelez International today and set a price target of $84.00. The company’s shares closed last Wednesday at $57.73.

According to TipRanks.com, Howard is ranked 0 out of 5 stars with an average return of -5.0% and a 40.3% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and The Hershey Company. ;'>

Mondelez International has an analyst consensus of Moderate Buy, with a price target consensus of $65.73, an 11.4% upside from current levels. In a report issued on January 14, Barclays also maintained a Buy rating on the stock with a $67.00 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.