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Analysts’ Top Consumer Goods Picks: Coca-Cola Europacific Partners (CCEP), Freshpet (FRPT)

Tipranks - Tipranks - Tue Apr 14, 7:22AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola Europacific Partners (CCEP) and Freshpet (FRPT) with bullish sentiments.

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Coca-Cola Europacific Partners (CCEP)

In a report released today, Ed Mundy from Jefferies maintained a Buy rating on Coca-Cola Europacific Partners, with a price target of EUR96.00. The company’s shares closed last Friday at $97.43.

Mundy has an average return of 28.6% when recommending Coca-Cola Europacific Partners. ;'>

According to TipRanks.com, Mundy is ranked #7945 out of 12128 analysts.

Coca-Cola Europacific Partners has an analyst consensus of Moderate Buy, with a price target consensus of $108.14, a 10.1% upside from current levels. In a report issued on April 8, Goldman Sachs also maintained a Buy rating on the stock with a $110.00 price target.

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

Freshpet (FRPT)

D.A. Davidson analyst Brian Holland reiterated a Buy rating on Freshpet on April 10 and set a price target of $101.00. The company’s shares closed last Friday at $64.80.

According to TipRanks.com, Holland is a 2-star analyst with an average return of -0.1% and a 44.1% success rate. Holland covers the Consumer Goods sector, focusing on stocks such as Nature’s Sunshine Products, Mondelez International, and The Hershey Company. ;'>

Currently, the analyst consensus on Freshpet is a Strong Buy with an average price target of $82.77, which is a 25.6% upside from current levels. In a report issued on April 7, TD Cowen also upgraded the stock to Buy with a $80.00 price target.

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