Analysts Offer Insights on Consumer Goods Companies: Monster Beverage (MNST) and Graincorp Limited Class A (OtherGRCLF)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Monster Beverage (MNST) and Graincorp Limited Class A (GRCLF) with bullish sentiments.
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Monster Beverage (MNST)
In a report released yesterday, Dara Mohsenian from Morgan Stanley reiterated a Buy rating on Monster Beverage, with a price target of $103.00. The company’s shares closed last Friday at $88.08.
According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $93.06 average price target, representing a 5.8% upside. 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 >>
Graincorp Limited Class A (GRCLF)
Graincorp Limited Class A received a Buy rating and a A$7.25 price target from Ord Minnett analyst John Lawlor, CFA today. The company’s shares closed last Friday at $3.76.
According to TipRanks.com, CFA is ranked #653 out of 12287 analysts.
Currently, the analyst consensus on Graincorp Limited Class A is a Moderate Buy with an average price target of $4.60, a 22.5% upside from current levels. In a report issued on May 18, Canaccord Genuity also maintained a Buy rating on the stock with a A$6.88 price target.
Read More on MNST:
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- Monster Beverage price target raised to $103 from $100 at Morgan Stanley
- Monster Beverage Rides Record Sales Amid Margin Squeeze
- Monster Beverage Announces New $500 Million Share Repurchase
- Monster Beverage announces new $500M share repurchase program
- Monster Beverage price target raised to $100 from $96 at Morgan Stanley
