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Analysts Offer Insights on Consumer Goods Companies: Loblaw Companies (OtherLBLCF) and First Resources (Singapore) (OtherFTROF)

Tipranks - Sat Feb 28, 1:40AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Loblaw Companies (LBLCFResearch Report) and First Resources (Singapore) (FTROFResearch Report) with bullish sentiments.

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Loblaw Companies (LBLCF)

TD Cowen analyst Michael Van Aelst maintained a Buy rating on Loblaw Companies yesterday and set a price target of C$75.00. The company’s shares closed last Thursday at $46.70.

Aelst has an average return of 15.5% when recommending Loblaw Companies. ;'>

According to TipRanks.com, Aelst is ranked #1310 out of 12136 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Loblaw Companies with a $52.00 average price target, a 12.1% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a C$72.00 price target.

See the top stocks recommended by analysts >>

First Resources (Singapore) (FTROF)

DBS analyst William Simadiputra maintained a Buy rating on First Resources (Singapore) today and set a price target of S$2.10. The company’s shares closed last Wednesday at $1.80.

Simadiputra has an average return of 29.7% when recommending First Resources (Singapore). ;'>

According to TipRanks.com, Simadiputra is ranked #968 out of 12136 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Resources (Singapore) with a $1.82 average price target.

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