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Analysts Offer Insights on Consumer Goods Companies: PepsiCo (PEP) and Albertsons Companies (ACI)

Tipranks - Tue Apr 21, 2:50AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on PepsiCo (PEP) and Albertsons Companies (ACI).

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PepsiCo (PEP)

DBS analyst Zheng Feng Chee maintained a Hold rating on PepsiCo on April 17 and set a price target of $175.00. The company’s shares closed last Friday at $157.67.

According to TipRanks.com, Chee is a 1-star analyst with an average return of -0.3% and a 60.4% success rate. Chee covers the Consumer Goods sector, focusing on stocks such as Thai Beverage Public Co, Mondelez International, and Ajinomoto Co. ;'>

Currently, the analyst consensus on PepsiCo is a Moderate Buy with an average price target of $172.89, which is a 9.2% upside from current levels. In a report issued on April 16, TipRanks – OpenAI also downgraded the stock to Hold with a $169.00 price target.

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Albertsons Companies (ACI)

In a report released today, Bill Kirk from Roth MKM reiterated a Buy rating on Albertsons Companies, with a price target of $23.00. The company’s shares closed last Friday at $16.70.

According to TipRanks.com, Kirk has 0 stars on 0-5 stars ranking scale with an average return of -7.2% and a 42.9% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Grocery Outlet Holding, and United Natural Foods. ;'>

Albertsons Companies has an analyst consensus of Moderate Buy, with a price target consensus of $21.27, which is a 30.5% upside from current levels. In a report issued on April 6, RBC Capital also maintained a Buy rating on the stock with a $21.00 price target.

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