Analysts Offer Insights on Consumer Goods Companies: PepsiCo (PEP) and Monster Beverage (MNST)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on PepsiCo (PEP) and Monster Beverage (MNST).
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PepsiCo (PEP)
Barclays analyst Lauren Lieberman maintained a Hold rating on PepsiCo today and set a price target of $154.00. The company’s shares closed last Wednesday at $154.85.
According to TipRanks.com, Lieberman is a 4-star analyst with an average return of
Currently, the analyst consensus on PepsiCo is a Moderate Buy with an average price target of $172.93, an 11.6% upside from current levels. In a report issued on April 14, TD Cowen also maintained a Hold rating on the stock with a $165.00 price target.
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Monster Beverage (MNST)
In a report released yesterday, Filippo Falorni from Citi maintained a Buy rating on Monster Beverage, with a price target of $100.00. The company’s shares closed last Wednesday at $74.93.
According to TipRanks.com, Falorni is a 1-star analyst with an average return of
Currently, the analyst consensus on Monster Beverage is a Moderate Buy with an average price target of $90.43, representing a 20.6% upside. In a report issued on April 9, RBC Capital also maintained a Buy rating on the stock with a $86.00 price target.
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