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Analysts Offer Insights on Consumer Goods Companies: Kroger Company (KR) and Westrock Coffee (WEST)

Tipranks - Thu Mar 12, 8:02AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Kroger Company (KRResearch Report) and Westrock Coffee (WESTResearch Report) with bullish sentiments.

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Kroger Company (KR)

Telsey Advisory analyst Joe Feldman reiterated a Buy rating on Kroger Company today and set a price target of $82.00. The company’s shares closed last Tuesday at $72.24.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 3.7% and a 49.6% success rate. Feldman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, aka Brands Holding Corp, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $76.21, a 4.4% upside from current levels. In a report issued on March 7, TipRanks – Google also upgraded the stock to Buy with a $82.00 price target.

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Westrock Coffee (WEST)

In a report released today, Matthew Smith, CFA from Stifel Nicolaus maintained a Buy rating on Westrock Coffee, with a price target of $7.00. The company’s shares closed last Tuesday at $4.04.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 1.6% and a 47.0% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Westrock Coffee with a $7.00 average price target, implying a 75.4% upside from current levels. In a report released today, Telsey Advisory also maintained a Buy rating on the stock with a $7.00 price target.

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