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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Ollie’s Bargain Outlet Holding (OLLI) and General Mills (GIS)

Tipranks - Fri Jun 5, 6:04AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Ollie’s Bargain Outlet Holding (OLLI) and General Mills (GIS).

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Ollie’s Bargain Outlet Holding (OLLI)

In a report released today, Edward Kelly from Wells Fargo maintained a Buy rating on Ollie’s Bargain Outlet Holding, with a price target of $115.00. The company’s shares closed last Wednesday at $79.74.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.6% and a 65.3% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Grocery Outlet Holding, and United Natural Foods. ;'>

Ollie’s Bargain Outlet Holding has an analyst consensus of Strong Buy, with a price target consensus of $123.54, representing a 58.2% upside. In a report issued on May 20, TipRanks – OpenAI also upgraded the stock to Buy with a $90.00 price target.

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General Mills (GIS)

Wells Fargo analyst Christopher Carey assigned a Sell rating to General Mills today and set a price target of $30.00. The company’s shares closed last Wednesday at $32.17.

According to TipRanks.com, Carey is a 3-star analyst with an average return of 2.4% and a 49.1% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Anheuser-Busch Inbev Sa. ;'>

General Mills has an analyst consensus of Hold, with a price target consensus of $36.20, a 10.9% upside from current levels. In a report released yesterday, Bernstein also downgraded the stock to Sell with a $31.00 price target.

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