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Analysts Offer Insights on Consumer Goods Companies: Magnum Ice Cream Co. N.V. (MICC), JBS (JBS) and Mondelez International (MDLZ)

Tipranks - Tipranks - Fri Mar 27, 5:20AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Magnum Ice Cream Co. N.V. (MICC), JBS (JBS) and Mondelez International (MDLZ).

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Magnum Ice Cream Co. N.V. (MICC)

In a report released today, Antoine Prevot from Bank of America Securities reiterated a Hold rating on Magnum Ice Cream Co. N.V., with a price target of EUR14.60. The company’s shares closed last Wednesday at $14.65, close to its 52-week low of $14.44.

According to TipRanks.com, Prevot is ranked #5361 out of 12128 analysts.

Magnum Ice Cream Co. N.V. has an analyst consensus of Moderate Buy, with a price target consensus of $16.87.

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JBS (JBS)

In a report released yesterday, Isabella Simonato from Bank of America Securities maintained a Buy rating on JBS, with a price target of $21.00. The company’s shares closed last Wednesday at $15.75.

Simonato has an average return of 8.4% when recommending JBS. ;'>

According to TipRanks.com, Simonato is ranked #11652 out of 12128 analysts.

Currently, the analyst consensus on JBS is a Strong Buy with an average price target of $20.80, representing a 34.9% upside. In a report issued on March 24, Barclays also maintained a Buy rating on the stock with a $22.00 price target.

Mondelez International (MDLZ)

In a report released today, Peter Galbo from Bank of America Securities maintained a Buy rating on Mondelez International, with a price target of $62.00. The company’s shares closed last Wednesday at $57.43, close to its 52-week low of $53.95.

According to TipRanks.com, Galbo is a 1-star analyst with an average return of -0.3% and a 46.1% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Once Upon a Farm, PBC, Constellation Brands, and Lamb Weston Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $66.17 average price target, a 16.1% upside from current levels. In a report issued on March 20, Bernstein also maintained a Buy rating on the stock with a $73.00 price target.

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