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: Walmart (WMT), Colgate-Palmolive (CL) and Kroger Company (KR)

Tipranks - Tipranks - Tue Jun 9, 10:04AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Walmart (WMT), Colgate-Palmolive (CL) and Kroger Company (KR) with bullish sentiments.

Introducing TipRanks MCP for Agents

Walmart (WMT)

Evercore ISI analyst Greg Melich maintained a Buy rating on Walmart today and set a price target of $140.00. The company’s shares closed last Monday at $119.89.

According to TipRanks.com, Melich is a 4-star analyst with an average return of 8.1% and a 56.3% success rate. Melich covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Genuine Parts Company. ;'>

Currently, the analyst consensus on Walmart is a Strong Buy with an average price target of $141.75, implying a 19.9% upside from current levels. In a report issued on June 6, TipRanks – Google also upgraded the stock to Buy with a $130.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Colgate-Palmolive (CL)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Colgate-Palmolive, with a price target of $100.00. The company’s shares closed last Monday at $86.80, close to its 52-week low of $85.32.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 3.1% and a 53.2% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

Colgate-Palmolive has an analyst consensus of Moderate Buy, with a price target consensus of $96.00, a 10.4% upside from current levels. In a report issued on May 28, Morgan Stanley also reiterated a Buy rating on the stock with a $100.00 price target.

Kroger Company (KR)

In a report released today, Robert Ohmes from Bank of America Securities maintained a Buy rating on Kroger Company. The company’s shares closed last Monday at $63.33.

According to TipRanks.com, Ohmes is a 4-star analyst with an average return of 5.3% and a 52.5% success rate. Ohmes covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $75.57, which is a 20.4% upside from current levels. In a report issued on June 3, Jefferies also reiterated a Buy rating on the stock with a $80.00 price target.

Read More on WMT:

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.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).