Wall Street Analysts Are Bullish on Top Consumer Goods Picks
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Loblaw Companies (LBLCF) and Kimberly Clark (KMB) with bullish sentiments.
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Loblaw Companies (LBLCF)
RBC Capital analyst Irene Nattel reiterated a Buy rating on Loblaw Companies yesterday and set a price target of C$72.00. The company’s shares closed last Friday at $46.59.
Nattel has an average return of
According to TipRanks.com, Nattel is ranked #170 out of 12407 analysts.
Currently, the analyst consensus on Loblaw Companies is a Strong Buy with an average price target of $49.94, implying a 7.2% upside from current levels. In a report issued on July 20, BMO Capital also upgraded the stock to Buy with a C$70.00 price target.
See the top stocks recommended by analysts >>
Kimberly Clark (KMB)
In a report released today, Nik Modi from RBC Capital maintained a Buy rating on Kimberly Clark, with a price target of $162.00. The company’s shares closed last Friday at $109.24.
According to TipRanks.com, Modi is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kimberly Clark with a $118.29 average price target, an 8.6% upside from current levels. In a report issued on July 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $118.00 price target.
Read More on LBLCF:
Disclaimer & DisclosureReport an Issue
- Is LBLCF a Buy, Before Earnings?
- Analyst Reiterates Buy on Loblaw, Citing Strong EPS Growth, Same-Store Outperformance and GLP-1 Tailwinds
- Loblaw upgraded to Outperform from Market Perform at BMO Capital
- Tamy Chen Reaffirms Buy on Loblaw, Boosts Target Price on Consistent EPS Growth and Multi‑Pronged Expansion Strategy
- CI Global Asset Management Updates Risk Ratings on Four Funds
