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Analysts’ Top Consumer Goods Picks: Mondelez International (MDLZ), Procter & Gamble (PG)

Tipranks - Wed Apr 22, 6:18AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Mondelez International (MDLZ), Procter & Gamble (PG) and Sprouts Farmers (SFM) with bullish sentiments.

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Mondelez International (MDLZ)

Jefferies analyst Scott Marks CFA reiterated a Buy rating on Mondelez International today and set a price target of $69.00. The company’s shares closed last Monday at $57.31, close to its 52-week low of $53.95.

According to TipRanks.com, CFA ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.9% and a 27.9% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and The Hershey Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $66.06 average price target, implying a 15.3% upside from current levels. In a report issued on April 14, BTIG also initiated coverage with a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

Procter & Gamble (PG)

In a report released yesterday, Nik Modi from RBC Capital maintained a Buy rating on Procter & Gamble, with a price target of $167.00. The company’s shares closed last Monday at $144.49.

According to TipRanks.com, Modi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.0% and a 43.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International. ;'>

Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $161.88, implying a 10.8% upside from current levels. In a report issued on April 8, Wells Fargo also maintained a Buy rating on the stock with a $158.00 price target.

Sprouts Farmers (SFM)

RBC Capital analyst Steven Shemesh maintained a Buy rating on Sprouts Farmers today and set a price target of $114.00. The company’s shares closed last Monday at $74.35, close to its 52-week low of $61.61.

According to TipRanks.com, Shemesh is a 2-star analyst with an average return of 0.4% and a 51.6% success rate. Shemesh covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Advance Auto Parts, and CarParts.com Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sprouts Farmers with a $90.73 average price target, a 22.4% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $100.00 price target.

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