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Analysts Offer Insights on Consumer Goods Companies: Performance Food Group (PFGC) and Diageo (OtherDGEAF)

Tipranks - Fri Jan 23, 8:16AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Performance Food Group (PFGCResearch Report) and Diageo (DGEAFResearch Report) with bullish sentiments.

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Performance Food Group (PFGC)

In a report released yesterday, Kelly Bania from BMO Capital maintained a Buy rating on Performance Food Group, with a price target of $125.00. The company’s shares closed last Wednesday at $95.80.

According to TipRanks.com, Bania is a 4-star analyst with an average return of 7.3% and a 65.8% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as The Chefs’ Warehouse, United Natural Foods, and Albertsons Companies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Performance Food Group with a $119.56 average price target, a 25.2% upside from current levels. In a report issued on January 20, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $123.00 price target.

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Diageo (DGEAF)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Diageo, with a price target of £20.00. The company’s shares closed last Wednesday at $22.93.

According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 2.4% and a 51.9% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $28.02, implying a 22.8% upside from current levels. In a report issued on January 13, Bernstein also maintained a Buy rating on the stock with a £23.10 price target.

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