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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Monster Beverage (MNST) and Brown-Forman B (BF.B)

Tipranks - Sat Jun 6, 3:24PM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Monster Beverage (MNST) and Brown-Forman B (BF.B).

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Monster Beverage (MNST)

Piper Sandler analyst Michael Lavery maintained a Buy rating on Monster Beverage today and set a price target of $94.00. The company’s shares closed last Friday at $89.55.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 3.3% and a 46.4% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $92.63, representing a 4.1% upside. In a report issued on May 21, Evercore ISI also maintained a Buy rating on the stock with a $95.00 price target.

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Brown-Forman B (BF.B)

In a report released today, Gerald Pascarelli from Needham reiterated a Hold rating on Brown-Forman B. The company’s shares closed last Friday at $26.16.

According to TipRanks.com, Pascarelli is ranked 0 out of 5 stars with an average return of -6.5% and a 33.7% success rate. Pascarelli covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Turning Point Brands, and Vita Coco Company. ;'>

Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $26.64, implying a 5.2% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $28.00 price target.

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