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Wall Street Analysts Are Bullish on Top Consumer Goods Picks

Tipranks - Thu May 14, 3:56AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on JM Smucker (SJM) and JBS (JBS) with bullish sentiments.

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JM Smucker (SJM)

In a report released yesterday, Alexia Burland Howard from Bernstein maintained a Buy rating on JM Smucker, with a price target of $134.00. The company’s shares closed last Tuesday at $100.33, close to its 52-week low of $98.77.

According to TipRanks.com, Howard has 0 stars on 0-5 stars ranking scale with an average return of -9.9% and a 38.2% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JM Smucker with a $118.36 average price target, representing a 18.1% upside. In a report issued on May 4, Jefferies also reiterated a Buy rating on the stock with a $128.00 price target.

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JBS (JBS)

In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on JBS, with a price target of $23.00. The company’s shares closed last Tuesday at $15.27.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.7% and a 55.0% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JBS with a $20.83 average price target, representing a 32.8% upside. In a report issued on April 30, TipRanks – xAI also reiterated a Buy rating on the stock with a $18.00 price target.

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