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Analysts Offer Insights on Consumer Goods Companies: Turning Point Brands (TPB) and The Hershey Company (HSY)

Tipranks - Tipranks - Tue Apr 21, 10:34AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Turning Point Brands (TPB) and The Hershey Company (HSY).

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Turning Point Brands (TPB)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Turning Point Brands today. The company’s shares closed last Monday at $82.18.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 23.1% and a 61.7% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings. ;'>

Currently, the analyst consensus on Turning Point Brands is a Strong Buy with an average price target of $130.00, a 59.8% upside from current levels. In a report issued on April 6, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $79.00 price target.

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The Hershey Company (HSY)

In a report released today, David Palmer from Evercore ISI maintained a Hold rating on The Hershey Company, with a price target of $255.00. The company’s shares closed last Monday at $194.04.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.4% and a 57.8% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and BellRing Brands. ;'>

Currently, the analyst consensus on The Hershey Company is a Hold with an average price target of $227.99, implying a 17.5% upside from current levels. In a report issued on April 14, BTIG also initiated coverage with a Hold rating on the stock with a $210.84 price target.

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