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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Magnum Ice Cream Co. N.V. (MICC), Coca-Cola Europacific Partners (CCEP) and Kraft Heinz (KHC)

Tipranks - Wed Feb 18, 6:10AM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Magnum Ice Cream Co. N.V. (MICCResearch Report), Coca-Cola Europacific Partners (CCEPResearch Report) and Kraft Heinz (KHCResearch Report).

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Magnum Ice Cream Co. N.V. (MICC)

In a report released today, Antoine Prevot from Bank of America Securities reiterated a Hold rating on Magnum Ice Cream Co. N.V., with a price target of EUR14.40. The company’s shares closed last Friday at $16.83.

According to TipRanks.com, Prevot is ranked #4739 out of 12109 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magnum Ice Cream Co. N.V. with a $17.26 average price target, representing a 2.3% upside. In a report issued on February 12, Jefferies also maintained a Hold rating on the stock with a EUR13.60 price target.

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Coca-Cola Europacific Partners (CCEP)

In a report released today, Andrea Pistacchi from Bank of America Securities reiterated a Hold rating on Coca-Cola Europacific Partners, with a price target of $107.00. The company’s shares closed last Friday at $99.51.

According to TipRanks.com, Pistacchi is a 1-star analyst with an average return of -3.2% and a 37.9% success rate. Pistacchi covers the Consumer Goods sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Brown-Forman B, and Diageo. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola Europacific Partners with a $100.90 average price target.

Kraft Heinz (KHC)

Morgan Stanley analyst Megan Alexander maintained a Sell rating on Kraft Heinz yesterday and set a price target of $23.00. The company’s shares closed last Friday at $24.80.

According to TipRanks.com, Alexander is a 2-star analyst with an average return of 0.0% and a 47.2% success rate. Alexander covers the NA sector, focusing on stocks such as SharkNinja, Inc., Hasbro, and Mattel. ;'>

Kraft Heinz has an analyst consensus of Moderate Sell, with a price target consensus of $23.69, a -2.7% downside from current levels. In a report issued on February 12, J.P. Morgan also downgraded the stock to Sell with a $22.00 price target.

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