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Analysts Offer Insights on Consumer Goods Companies: JBS (JBS) and Anheuser-Busch Inbev Sa (BUD)

Tipranks - Thu May 14, 10:04AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on JBS (JBS) and Anheuser-Busch Inbev Sa (BUD) with bullish sentiments.

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JBS (JBS)

In a report released today, Isabella Simonato from Bank of America Securities maintained a Buy rating on JBS. The company’s shares closed last Wednesday at $14.40, close to its 52-week high of $14.80.

Simonato has an average return of 12.1% when recommending JBS. ;'>

According to TipRanks.com, Simonato is ranked #11919 out of 12246 analysts.

JBS has an analyst consensus of Strong Buy, with a price target consensus of $21.00, which is a 49.0% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $23.00 price target.

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Anheuser-Busch Inbev Sa (BUD)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Anheuser-Busch Inbev Sa, with a price target of $105.00. The company’s shares closed last Wednesday at $79.77.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 3.1% and a 52.2% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Constellation Brands. ;'>

Currently, the analyst consensus on Anheuser-Busch Inbev Sa is a Strong Buy with an average price target of $92.14, representing a 15.5% upside. In a report issued on May 6, Wells Fargo also maintained a Buy rating on the stock with a $93.00 price target.

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