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Analysts Offer Insights on Consumer Goods Companies: Newell Brands (NWL), Udemy Inc (UDMY) and Coty (COTY)

Tipranks - Tue Feb 10, 6:42AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Newell Brands (NWLResearch Report), Udemy Inc (UDMYResearch Report) and Coty (COTYResearch Report).

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Newell Brands (NWL)

Canaccord Genuity analyst Brian McNamara reiterated a Buy rating on Newell Brands yesterday and set a price target of $8.00. The company’s shares closed last Friday at $4.63.

According to TipRanks.com, McNamara is a 4-star analyst with an average return of 2.7% and a 55.6% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Newell Brands with a $5.50 average price target, representing a 37.5% upside. In a report issued on February 6, Barclays also maintained a Buy rating on the stock with a $6.00 price target.

See the top stocks recommended by analysts >>

Udemy Inc (UDMY)

Canaccord Genuity analyst Jason Tilchen maintained a Hold rating on Udemy Inc on February 6 and set a price target of $5.00. The company’s shares closed last Friday at $4.69.

According to TipRanks.com, Tilchen has 0 stars on 0-5 stars ranking scale with an average return of -8.1% and a 22.7% success rate. Tilchen covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Super Group (SGHC), and PENN Entertainment. ;'>

Udemy Inc has an analyst consensus of Hold, with a price target consensus of $7.75, which is a 55.9% upside from current levels. In a report issued on February 6, TipRanks – PerPlexity also downgraded the stock to Hold with a $5.00 price target.

Coty (COTY)

In a report released today, Nik Modi from RBC Capital maintained a Buy rating on Coty, with a price target of $8.00. The company’s shares closed last Friday at $2.66.

According to TipRanks.com, Modi has 0 stars on 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. ;'>

Coty has an analyst consensus of Hold, with a price target consensus of $3.83.

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