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Analysts Offer Insights on Consumer Goods Companies: Monster Beverage (MNST) and Ollie’s Bargain Outlet Holding (OLLI)

Tipranks - Tipranks - Thu May 28, 7:08AM CDT

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

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Monster Beverage (MNST)

In a report released today, Peter Galbo from Bank of America Securities reiterated a Buy rating on Monster Beverage, with a price target of $99.00. The company’s shares closed last Tuesday at $87.42.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 1.4% and a 52.3% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $92.76 average price target, implying a 6.1% upside from current levels. In a report issued on May 18, Wells Fargo also maintained a Buy rating on the stock with a $97.00 price target.

See the top stocks recommended by analysts >>

Ollie’s Bargain Outlet Holding (OLLI)

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -0.6% and a 50.2% success rate. Shemesh covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Driven Brands Holdings, and Advance Auto Parts. ;'>

Currently, the analyst consensus on Ollie’s Bargain Outlet Holding is a Strong Buy with an average price target of $135.36, representing a 65.5% upside. In a report issued on May 12, TipRanks – OpenAI also upgraded the stock to Buy with a $90.00 price target.

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