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 Offer Insights on Consumer Goods Companies: Clorox (CLX) and Fomento Economico Mexicano (FMX)

Tipranks - Sat May 2, 3:08AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Clorox (CLX) and Fomento Economico Mexicano (FMX).

Claim 55% Off TipRanks

Clorox (CLX)

Barclays analyst Lauren Lieberman maintained a Sell rating on Clorox today and set a price target of $102.00. The company’s shares closed last Thursday at $96.44.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 3.5% and a 54.7% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on Clorox is a Hold with an average price target of $110.53, representing a 16.1% upside. In a report issued on April 17, J.P. Morgan also downgraded the stock to Sell with a $99.00 price target.

See the top stocks recommended by analysts >>

Fomento Economico Mexicano (FMX)

Barclays analyst Benjamin Theurer maintained a Hold rating on Fomento Economico Mexicano today and set a price target of $118.00. The company’s shares closed last Thursday at $118.24.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.4% and a 53.2% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

Fomento Economico Mexicano has an analyst consensus of Moderate Buy, with a price target consensus of $123.33, representing an 8.5% upside. In a report issued on April 20, J.P. Morgan also maintained a Hold rating on the stock with a $117.00 price target.

Read More on CLX:

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.