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Analysts’ Top Consumer Goods Picks: The Estée Lauder Companies (EL), Boston Beer (SAM)

Tipranks - Wed Jul 22, 2:14PM 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)

TD Cowen analyst Oliver Chen reiterated a Hold rating on The Estée Lauder Companies today. The company’s shares closed last Tuesday at $82.22.

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 word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Estée Lauder Companies with a $95.18 average price target, implying 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)

In a report released yesterday, Nadine Sarwat from Bernstein maintained a Hold rating on Boston Beer, with a price target of $210.00. The company’s shares closed last Tuesday at $172.76.

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. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Boston Beer with a $222.84 average price target, which is 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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