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Analysts Offer Insights on Consumer Goods Companies: Coca-Cola (KO) and Freshpet (FRPT)

Tipranks - Thu Mar 19, 6:15AM CDT

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

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Coca-Cola (KO)

RBC Capital analyst James Edwardes Jones maintained a Buy rating on Coca-Cola today and set a price target of $87.00. The company’s shares closed last Tuesday at $77.58.

Jones has an average return of 6.3% when recommending Coca-Cola. ;'>

According to TipRanks.com, Jones is ranked #1699 out of 12128 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola with a $85.07 average price target, implying a 9.1% upside from current levels. In a report issued on March 11, Bank of America Securities also maintained a Buy rating on the stock with a $88.00 price target.

See the top stocks recommended by analysts >>

Freshpet (FRPT)

In a report released today, Matthew Smith, CFA from Stifel Nicolaus maintained a Buy rating on Freshpet, with a price target of $84.00. The company’s shares closed last Tuesday at $67.42.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.8% and a 46.7% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

Freshpet has an analyst consensus of Strong Buy, with a price target consensus of $87.18, a 14.5% upside from current levels. In a report issued on March 16, Piper Sandler also maintained a Buy rating on the stock with a $87.00 price target.

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