Analysts Offer Insights on Consumer Goods Companies: McCormick & Company (MKC) and Procter & Gamble (PG)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on McCormick & Company (MKC – Research Report) and Procter & Gamble (PG – Research Report) with bullish sentiments.
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McCormick & Company (MKC)
In a report released today, Robert Moskow from TD Cowen maintained a Buy rating on McCormick & Company, with a price target of $75.00. The company’s shares closed last Thursday at $61.20.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for McCormick & Company with a $76.43 average price target, which is a 20.8% upside from current levels. In a report issued on January 21, Bernstein also maintained a Buy rating on the stock with a $87.00 price target.
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Procter & Gamble (PG)
Bank of America Securities analyst Peter Galbo reiterated a Buy rating on Procter & Gamble today and set a price target of $171.00. The company’s shares closed last Thursday at $149.93.
According to TipRanks.com, Galbo is a 1-star analyst with an average return of
Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $165.07, which is an 11.5% upside from current levels. In a report issued on January 14, TipRanks – OpenAI also upgraded the stock to Buy with a $161.00 price target.
