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Analysts Offer Insights on Consumer Goods Companies: Anheuser-Busch Inbev Sa (BUD) and Lamb Weston Holdings (LW)

Tipranks - Wed Oct 7, 4:44PM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Anheuser-Busch Inbev Sa (BUD) and Lamb Weston Holdings (LW) with bullish sentiments.

Anheuser-Busch Inbev Sa (BUD)

Evercore ISI analyst Robert Ottenstein maintained a Buy rating on Anheuser-Busch Inbev Sa today and set a price target of $105.00. The company’s shares closed last Tuesday at $75.62.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 2.8% and a 51.3% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Constellation Brands. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Anheuser-Busch Inbev Sa with a $99.25 average price target, which is a 31.6% upside from current levels. In a report issued on September 24, Bank of America Securities also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Lamb Weston Holdings (LW)

Jefferies analyst Scott Marks CFA reiterated a Buy rating on Lamb Weston Holdings today and set a price target of $60.00. The company’s shares closed last Tuesday at $47.91, close to its 52-week low of $47.90.

According to TipRanks.com, CFA ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.3% and a 34.8% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and McCormick & Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lamb Weston Holdings with a $53.00 average price target, a 12.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $54.00 price target.

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