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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: McCormick & Company (MKC), Colgate-Palmolive (CL) and Kroger Company (KR)

Tipranks - Tipranks - Fri May 29, 6:04AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on McCormick & Company (MKC), Colgate-Palmolive (CL) and Kroger Company (KR).

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McCormick & Company (MKC)

Bank of America Securities analyst Peter Galbo reiterated a Buy rating on McCormick & Company today and set a price target of $65.00. The company’s shares closed last Wednesday at $47.55.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 1.9% and a 52.5% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

Currently, the analyst consensus on McCormick & Company is a Moderate Buy with an average price target of $62.00, which is a 31.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $53.00 price target.

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Colgate-Palmolive (CL)

Morgan Stanley analyst Dara Mohsenian reiterated a Buy rating on Colgate-Palmolive today and set a price target of $100.00. The company’s shares closed last Wednesday at $91.29.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.5% and a 62.7% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Monster Beverage. ;'>

Colgate-Palmolive has an analyst consensus of Moderate Buy, with a price target consensus of $96.00, which is a 6.7% upside from current levels. In a report issued on May 14, TipRanks – Google also upgraded the stock to Buy with a $97.00 price target.

Kroger Company (KR)

In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on Kroger Company, with a price target of $73.00. The company’s shares closed last Wednesday at $64.69.

According to TipRanks.com, Gutman is a 4-star analyst with an average return of 2.4% and a 57.1% success rate. Gutman covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Academy Sports and Outdoors, and National Vision Holdings. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $76.31, representing a 17.8% upside. In a report issued on May 14, TipRanks – Google also downgraded the stock to Hold with a $70.00 price target.

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