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Analysts Offer Insights on Consumer Goods Companies: Procter & Gamble (PG) and Grocery Outlet Holding (GO)

Tipranks - Tipranks - Fri Feb 20, 5:56AM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Procter & Gamble (PG – Research Report) and Grocery Outlet Holding (GO – Research Report).

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Procter & Gamble (PG)

Barclays analyst Lauren Lieberman maintained a Hold rating on Procter & Gamble today and set a price target of $155.00. The company’s shares closed last Wednesday at $156.86, close to its 52-week low of $153.52.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 2.9% and a 54.5% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $165.27.

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Grocery Outlet Holding (GO)

In a report released yesterday, Leah Jordan from Goldman Sachs reiterated a Sell rating on Grocery Outlet Holding, with a price target of $9.00. The company’s shares closed last Wednesday at $10.32, close to its 52-week low of $10.26.

According to TipRanks.com, Jordan is a 4-star analyst with an average return of 15.7% and a 56.9% success rate. Jordan covers the Consumer Goods sector, focusing on stocks such as The Hershey Company, Sprouts Farmers, and Conagra Brands. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Grocery Outlet Holding with a $13.20 average price target.

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