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: JBS (JBS) and Target (TGT)

Tipranks - Wed Jun 3, 7:56AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on JBS (JBS) and Target (TGT).

Claim 55% Off TipRanks

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 2.9% and a 49.5% success rate. Ma covers the Consumer Goods sector, focusing on stocks such as Dollar General, Dollar Tree, and Dollarama. ;'>

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:

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.