Wall Street Analysts Are Bullish on Top Consumer Goods Picks
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on The Estée Lauder Companies (EL) and Constellation Brands (STZ) with bullish sentiments.
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The Estée Lauder Companies (EL)
In a report released yesterday, Maurice Choy from RBC Capital maintained a Buy rating on The Estée Lauder Companies, with a price target of $113.00. The company’s shares closed last Monday at $79.29.
According to TipRanks.com, Choy is a 5-star analyst with an average return of
Currently, the analyst consensus on The Estée Lauder Companies is a Moderate Buy with an average price target of $112.81, representing a 28.7% upside. In a report issued on March 13, Evercore ISI also maintained a Buy rating on the stock with a $125.00 price target.
See the top stocks recommended by analysts >>
Constellation Brands (STZ)
Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Constellation Brands today and set a price target of $180.00. The company’s shares closed last Monday at $152.46.
According to TipRanks.com, Herzog is a 4-star analyst with an average return of
Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $169.77, representing a 12.5% upside. In a report issued on March 18, Citi also upgraded the stock to Buy with a $175.00 price target.
Read More on EL:
Disclaimer & DisclosureReport an Issue
- Balanced Risk and Reward Amid Estée Lauder–Puig Deal Uncertainty Supports Hold Rating
- Estée Lauder Confirms Merger Talks With Puig Group
- “Merger Talks Shock”: Estee Lauder Stock (EL) Drops after Confirming Talks with Rabanne-Owner Puig
- Estee Lauder confirms business combination talks with Puig Brands
- Estee Lauder falls 6% to $79.80 after Puig confirms buyout talks
