This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Goods Companies: e.l.f. Beauty (ELF) and JBS (JBS)

Tipranks - Wed May 20, 7:24AM CDT

Analysts fell to the sidelines weighing in on e.l.f. Beauty (ELF) and JBS (JBS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Meet Samuel – Your Personal Investing Prophet

e.l.f. Beauty (ELF)

In a report released today, Anna Andreeva from Piper Sandler assigned a Hold rating to e.l.f. Beauty, with a price target of $60.00. The company’s shares closed last Monday at $54.86.

According to TipRanks.com, Andreeva has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.7% and a 36.8% success rate. Andreeva covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Lululemon Athletica. ;'>

Currently, the analyst consensus on e.l.f. Beauty is a Moderate Buy with an average price target of $86.54, which is a 54.2% upside from current levels. In a report issued on May 14, Deutsche Bank also maintained a Hold rating on the stock with a $65.00 price target.

See today’s best-performing stocks on TipRanks >>

JBS (JBS)

J.P. Morgan analyst Lucas Ferreira downgraded JBS to Hold yesterday and set a price target of $18.50. The company’s shares closed last Monday at $12.86.

Ferreira has an average return of 9.2% when recommending JBS. ;'>

According to TipRanks.com, Ferreira is ranked #5941 out of 12240 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JBS with a $20.00 average price target, representing a 57.2% upside. In a report issued on May 3, TipRanks – OpenAI also downgraded the stock to Hold with a $17.50 price target.

Read More on ELF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.