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Analysts Offer Insights on Consumer Goods Companies: Sprouts Farmers (SFM), Costco (COST) and Newell Brands (NWL)

Tipranks - Thu Feb 5, 6:58AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Sprouts Farmers (SFMResearch Report), Costco (COSTResearch Report) and Newell Brands (NWLResearch Report).

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Sprouts Farmers (SFM)

Goldman Sachs analyst Leah Jordan maintained a Buy rating on Sprouts Farmers today and set a price target of $130.00. The company’s shares closed last Tuesday at $68.11, close to its 52-week low of $61.61.

Jordan has an average return of 72.6% when recommending Sprouts Farmers. ;'>

According to TipRanks.com, Jordan is ranked #2502 out of 12040 analysts.

Sprouts Farmers has an analyst consensus of Moderate Buy, with a price target consensus of $101.67, representing a 47.3% upside. In a report issued on January 21, TipRanks – Google also reiterated a Buy rating on the stock with a $82.00 price target.

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

Costco (COST)

Bernstein analyst Zhihan Ma maintained a Buy rating on Costco today and set a price target of $1146.00. The company’s shares closed last Tuesday at $977.92.

According to TipRanks.com, Ma is a 4-star analyst with an average return of 14.9% and a 71.0% success rate. Ma covers the Consumer Goods sector, focusing on stocks such as Dollar General, Dollar Tree, and Dollarama. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Costco with a $1069.11 average price target, implying a 10.9% upside from current levels. In a report issued on January 22, TipRanks – xAI also upgraded the stock to Buy with a $1099.00 price target.

Newell Brands (NWL)

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Newell Brands, with a price target of $4.50. The company’s shares closed last Tuesday at $4.40.

According to TipRanks.com, Modi has 0 stars on 0-5 stars ranking scale with an average return of -4.6% and a 41.2% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Edgewell Personal Care. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Newell Brands with a $5.25 average price target, representing a 21.2% upside. In a report issued on January 22, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.00 price target.

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