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Wall Street Analysts Are Neutral on Top Consumer Goods Picks

Tipranks - Wed Jul 22, 1:58PM CDT

Analysts fell to the sidelines weighing in on The Estée Lauder Companies (EL) and Boston Beer (SAM) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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The Estée Lauder Companies (EL)

In a report released today, Oliver Chen from TD Cowen reiterated a Hold rating on The Estée Lauder Companies. The company’s shares closed last Tuesday at $82.25.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.0% and a 50.0% success rate. Chen covers the NA sector, focusing on stocks such as Brilliant Earth Group, Canada Goose Holdings, and Ermenegildo Zegna. ;'>

The Estée Lauder Companies has an analyst consensus of Moderate Buy, with a price target consensus of $95.18, which is a 13.5% upside from current levels. In a report issued on July 16, UBS also maintained a Hold rating on the stock with a $86.00 price target.

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Boston Beer (SAM)

Bernstein analyst Nadine Sarwat maintained a Hold rating on Boston Beer yesterday and set a price target of $210.00. The company’s shares closed last Tuesday at $172.85.

According to TipRanks.com, Sarwat is a 1-star analyst with an average return of -2.2% and a 37.0% success rate. Sarwat covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Constellation Brands, and Becle Sab De Cv. ;'>

Boston Beer has an analyst consensus of Hold, with a price target consensus of $222.84, implying a 24.8% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a $234.00 price target.

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