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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Ingredion (INGR) and Walmart (WMT)

Tipranks - Tipranks - Tue Jun 9, 5:32AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Ingredion (INGR) and Walmart (WMT).

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Ingredion (INGR)

In a report released today, Joshua Spector from UBS maintained a Hold rating on Ingredion, with a price target of $114.00. The company’s shares closed last Friday at $99.98.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 4.1% and a 52.6% success rate. Spector covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ingredion with a $120.60 average price target.

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Walmart (WMT)

UBS analyst Michael Lasser maintained a Buy rating on Walmart today and set a price target of $141.00. The company’s shares closed last Friday at $118.88.

According to TipRanks.com, Lasser is a 5-star analyst with an average return of 13.7% and a 63.5% success rate. Lasser covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and Savers Value Village Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $141.75 average price target, a 19.8% upside from current levels. In a report issued on June 6, TipRanks – Google also upgraded the stock to Buy with a $130.00 price target.

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