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Analysts Are Bullish on These Consumer Goods Stocks: General Mills (GIS), United Natural Foods (UNFI)

Tipranks - Tipranks - Thu Jun 11, 9:00PM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on General Mills (GIS) and United Natural Foods (UNFI) with bullish sentiments.

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General Mills (GIS)

In a report released yesterday, Nik Modi from RBC Capital maintained a Buy rating on General Mills, with a price target of $55.00. The company’s shares closed last Wednesday at $33.82.

According to TipRanks.com, Modi has 0 stars on 0-5 stars ranking scale with an average return of -2.5% and a 48.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International. ;'>

General Mills has an analyst consensus of Hold, with a price target consensus of $35.87.

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United Natural Foods (UNFI)

BMO Capital analyst Kelly Bania reiterated a Buy rating on United Natural Foods yesterday and set a price target of $56.00. The company’s shares closed last Wednesday at $50.59.

According to TipRanks.com, Bania is a 5-star analyst with an average return of 8.2% and a 68.4% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, Albertsons Companies, and The Chefs’ Warehouse. ;'>

United Natural Foods has an analyst consensus of Hold, with a price target consensus of $49.17, which is a 6.1% upside from current levels. In a report released yesterday, Wells Fargo also assigned a Buy rating to the stock with a $56.00 price target.

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