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Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Vita Coco Company (COCO)

Tipranks - Fri Feb 20, 2:28AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on General Mills (GISResearch Report) and Vita Coco Company (COCOResearch Report).

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General Mills (GIS)

Morgan Stanley analyst Megan Alexander maintained a Sell rating on General Mills yesterday and set a price target of $44.00. The company’s shares closed last Wednesday at $45.36.

According to TipRanks.com, Alexander is a 2-star analyst with an average return of 0.0% and a 47.2% success rate. Alexander covers the NA sector, focusing on stocks such as SharkNinja, Inc., Hasbro, and Mattel. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for General Mills with a $48.69 average price target, representing a 9.8% upside. In a report issued on February 13, UBS also maintained a Sell rating on the stock with a $46.00 price target.

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Vita Coco Company (COCO)

In a report released yesterday, Bonnie Herzog from Goldman Sachs reiterated a Buy rating on Vita Coco Company, with a price target of $63.00. The company’s shares closed last Wednesday at $50.06.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 6.1% and a 59.0% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Constellation Brands. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vita Coco Company with a $60.60 average price target, which is a 10.1% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.

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