This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Target (TGT) and Newell Brands (NWL)

Tipranks - Sat Jun 13, 7:40AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Target (TGT) and Newell Brands (NWL).

Introducing TipRanks MCP for Agents

Target (TGT)

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Target today and set a price target of $150.00. The company’s shares closed last Thursday at $132.64.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 4.7% and a 53.3% success rate. Feldman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, aka Brands Holding Corp, and Floor & Decor Holdings. ;'>

Target has an analyst consensus of Moderate Buy, with a price target consensus of $134.91, representing a 4.6% upside. In a report released yesterday, Gordon Haskett Capital Corporation also maintained a Buy rating on the stock with a $160.00 price target.

See today’s best-performing stocks on TipRanks >>

Newell Brands (NWL)

In a report released yesterday, Peter Grom from UBS maintained a Hold rating on Newell Brands, with a price target of $4.25. The company’s shares closed last Thursday at $4.62.

According to TipRanks.com, Grom is a 1-star analyst with an average return of -1.5% and a 56.2% success rate. Grom covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Mondelez International, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on Newell Brands is a Hold with an average price target of $4.93, which is an 11.5% upside from current levels. In a report issued on June 1, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $3.00 price target.

Read More on TGT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.