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Analysts’ Top Consumer Goods Picks: Mondelez International (MDLZ), Ollie’s Bargain Outlet Holding (OLLI)

Tipranks - Tipranks - Fri Jun 5, 8:28PM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Mondelez International (MDLZ) and Ollie’s Bargain Outlet Holding (OLLI) with bullish sentiments.

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Mondelez International (MDLZ)

Bernstein analyst Alexia Burland Howard maintained a Buy rating on Mondelez International yesterday and set a price target of $74.00. The company’s shares closed last Thursday at $60.99.

According to TipRanks.com, Howard has 0 stars on 0-5 stars ranking scale with an average return of -9.5% and a 36.9% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and The Hershey Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $66.56 average price target, which is a 7.4% upside from current levels. In a report issued on May 27, TipRanks – xAI also upgraded the stock to Buy with a $69.00 price target.

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Ollie’s Bargain Outlet Holding (OLLI)

In a report released today, Anthony Chukumba from Loop Capital Markets reiterated a Buy rating on Ollie’s Bargain Outlet Holding, with a price target of $135.00. The company’s shares closed last Thursday at $74.47, close to its 52-week low of $68.05.

According to TipRanks.com, Chukumba is a 5-star analyst with an average return of 12.6% and a 67.6% success rate. Chukumba covers the NA sector, focusing on stocks such as Ulta Beauty, Five Below, and Rollins. ;'>

Currently, the analyst consensus on Ollie’s Bargain Outlet Holding is a Strong Buy with an average price target of $121.33, which is a 52.2% upside from current levels. In a report issued on May 22, TipRanks – OpenAI also upgraded the stock to Buy with a $90.00 price target.

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