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Analysts Offer Insights on Consumer Goods Companies: Walmart (WMT), Nestlé SA (OtherNSRGF) and The Estée Lauder Companies (EL)

Tipranks - Sat May 23, 6:52AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Walmart (WMT), Nestlé SA (NSRGF) and The Estée Lauder Companies (EL).

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Walmart (WMT)

In a report released today, Kate McShane from Goldman Sachs reiterated a Buy rating on Walmart, with a price target of $154.00. The company’s shares closed last Thursday at $121.34.

According to TipRanks.com, McShane is a 4-star analyst with an average return of 5.3% and a 58.1% success rate. McShane covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and Life Time Group Holdings. ;'>

Currently, the analyst consensus on Walmart is a Strong Buy with an average price target of $142.21, representing a 14.3% upside. In a report issued on May 7, TD Cowen also maintained a Buy rating on the stock with a $150.00 price target.

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

Nestlé SA (NSRGF)

Bernstein analyst Callum Elliott maintained a Hold rating on Nestlé SA today and set a price target of CHF74.00. The company’s shares closed last Thursday at $98.81.

According to TipRanks.com, Elliott is ranked #11209 out of 12258 analysts.

Nestlé SA has an analyst consensus of Hold, with a price target consensus of $108.20, representing a 9.3% upside. In a report released today, Barclays also maintained a Hold rating on the stock with a CHF86.00 price target.

The Estée Lauder Companies (EL)

In a report released today, Christopher Carey from Wells Fargo maintained a Hold rating on The Estée Lauder Companies, with a price target of $85.00. The company’s shares closed last Thursday at $78.91.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 2.6% and a 49.5% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as Spectrum Brands Holdings, Anheuser-Busch Inbev Sa, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on The Estée Lauder Companies is a Moderate Buy with an average price target of $97.63.

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