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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Coty (COTY), Mondelez International (MDLZ) and Philip Morris (PM)

Tipranks - Fri Apr 24, 7:06AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Coty (COTY), Mondelez International (MDLZ) and Philip Morris (PM).

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Coty (COTY)

Morgan Stanley analyst Dara Mohsenian assigned a Hold rating to Coty today and set a price target of $2.25. The company’s shares closed last Wednesday at $2.31.

According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 7.0% and a 61.1% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Constellation Brands. ;'>

Coty has an analyst consensus of Hold, with a price target consensus of $3.29, representing a 40.6% upside. In a report issued on April 19, TipRanks – xAI also reiterated a Hold rating on the stock with a $2.50 price target.

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Mondelez International (MDLZ)

Morgan Stanley analyst Megan Alexander maintained a Buy rating on Mondelez International today and set a price target of $56.06. The company’s shares closed last Wednesday at $56.06, close to its 52-week low of $53.95.

According to TipRanks.com, Alexander is a 1-star analyst with an average return of -0.1% and a 46.6% success rate. Alexander covers the NA sector, focusing on stocks such as SharkNinja, Inc., Hasbro, and Mattel. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $65.16 average price target, representing a 16.0% upside. In a report issued on April 14, BTIG also initiated coverage with a Buy rating on the stock with a $70.00 price target.

Philip Morris (PM)

In a report released today, Eric Serotta from Morgan Stanley reiterated a Buy rating on Philip Morris, with a price target of $190.00. The company’s shares closed last Wednesday at $163.95.

According to TipRanks.com, Serotta has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.8% and a 34.8% success rate. Serotta covers the Consumer Goods sector, focusing on stocks such as Vita Coco Company, Celsius Holdings, and Brown-Forman B. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Philip Morris with a $195.80 average price target, a 24.0% upside from current levels. In a report issued on April 17, Barclays also maintained a Buy rating on the stock with a $205.00 price target.

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