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Analysts Offer Insights on Consumer Goods Companies: Kenvue, Inc. (KVUE) and Turning Point Brands (TPB)

Tipranks - Tue Aug 11, 7:04AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Kenvue, Inc. (KVUE) and Turning Point Brands (TPB).

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Kenvue, Inc. (KVUE)

In a report issued on August 7, Susan Anderson from Canaccord Genuity maintained a Hold rating on Kenvue, Inc., with a price target of $18.00. The company’s shares closed last Friday at $19.23.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 16.8% and a 47.9% success rate. Anderson covers the NA sector, focusing on stocks such as Peloton Interactive, Sally Beauty, and Ulta Beauty. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Kenvue, Inc. with a $19.40 average price target, implying a 1.7% upside from current levels. In a report issued on August 6, TipRanks – PerPlexity also downgraded the stock to Hold with a $21.00 price target.

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Turning Point Brands (TPB)

In a report released today, Owen Bennett from BTIG maintained a Buy rating on Turning Point Brands, with a price target of $116.00. The company’s shares closed last Friday at $86.86.

Bennett has an average return of 10.8% when recommending Turning Point Brands. ;'>

According to TipRanks.com, Bennett is ranked #12285 out of 12467 analysts.

Currently, the analyst consensus on Turning Point Brands is a Strong Buy with an average price target of $120.25, implying a 39.9% upside from current levels. In a report issued on August 4, TipRanks – xAI also upgraded the stock to Buy with a $88.00 price target.

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