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Analysts Conflicted on These Consumer Goods Names: Albertsons Companies (ACI) and Lamb Weston Holdings (LW)

Tipranks - Tipranks - Thu Oct 8, 6:52AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Albertsons Companies (ACI) and Lamb Weston Holdings (LW).

Albertsons Companies (ACI)

RBC Capital analyst Steven Shemesh maintained a Buy rating on Albertsons Companies yesterday and set a price target of $13.00. The company’s shares closed last Tuesday at $11.48.

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -1.4% and a 45.9% success rate. Shemesh covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Driven Brands Holdings, and Advance Auto Parts. ;'>

Albertsons Companies has an analyst consensus of Hold, with a price target consensus of $13.00.

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

Lamb Weston Holdings (LW)

In a report released today, Alexia Burland Howard from Bernstein maintained a Hold rating on Lamb Weston Holdings, with a price target of $57.00. The company’s shares closed last Tuesday at $47.91, close to its 52-week low of $47.90.

According to TipRanks.com, Howard has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.3% and a 39.3% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and McCormick & Company. ;'>

Currently, the analyst consensus on Lamb Weston Holdings is a Moderate Buy with an average price target of $54.50, implying a 15.9% upside from current levels. In a report issued on September 28, Stephens also maintained a Hold rating on the stock with a $50.00 price target.

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