Analysts Offer Insights on Consumer Goods Companies: JBS (JBS) and Target (TGT)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on JBS (JBS) and Target (TGT).
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JBS (JBS)
In a report issued on May 29, Thiago Bortoluci from Goldman Sachs maintained a Buy rating on JBS, with a price target of $19.70. The company’s shares closed last Monday at $12.10.
According to TipRanks.com, Bortoluci is ranked #9628 out of 12287 analysts.
Currently, the analyst consensus on JBS is a Strong Buy with an average price target of $19.03, which is a 57.4% upside from current levels. In a report issued on May 14, Bank of America Securities also reiterated a Buy rating on the stock with a $20.00 price target.
See the top stocks recommended by analysts >>
Target (TGT)
Bernstein analyst Zhihan Ma maintained a Hold rating on Target today. The company’s shares closed last Monday at $123.71.
According to TipRanks.com, Ma is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Target with a $133.28 average price target, implying a 5.4% upside from current levels. In a report issued on May 20, Freedom Capital Markets also downgraded the stock to Hold with a $130.00 price target.
Read More on JBS:
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- JBS N.V. Earnings Call: Growth Amid Cash Strain
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- JBS price target lowered to $17 from $18.50 at UBS
