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Analysts Offer Insights on Consumer Goods Companies: The Hershey Company (HSY), Coca-Cola (KO) and Newell Brands (NWL)

Tipranks - Tue Feb 10, 6:26AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on The Hershey Company (HSYResearch Report), Coca-Cola (KOResearch Report) and Newell Brands (NWLResearch Report).

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The Hershey Company (HSY)

In a report released today, Thomas Palmer from J.P. Morgan maintained a Hold rating on The Hershey Company, with a price target of $230.00. The company’s shares closed last Friday at $231.53.

According to TipRanks.com, Palmer is a 1-star analyst with an average return of -0.2% and a 48.9% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and Darling Ingredients. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for The Hershey Company with a $225.80 average price target, a 0.1% upside from current levels. In a report issued on January 26, Bernstein also maintained a Hold rating on the stock with a $192.00 price target.

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Coca-Cola (KO)

In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Coca-Cola, with a price target of $87.00. The company’s shares closed last Friday at $79.03.

According to TipRanks.com, Carey is a 3-star analyst with an average return of 2.3% and a 50.8% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Anheuser-Busch Inbev Sa. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola with a $80.67 average price target, implying a 2.8% upside from current levels. In a report issued on January 29, Deutsche Bank also maintained a Buy rating on the stock with a $83.00 price target.

Newell Brands (NWL)

RBC Capital analyst Nik Modi maintained a Hold rating on Newell Brands today and set a price target of $4.50. The company’s shares closed last Friday at $4.63.

According to TipRanks.com, Modi is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.0% and a 47.7% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on Newell Brands is a Moderate Buy with an average price target of $5.50, representing a 37.5% upside. In a report issued on February 7, TipRanks – PerPlexity also upgraded the stock to Hold with a $4.50 price target.

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