Analysts Offer Insights on Consumer Goods Companies: Procter & Gamble (PG) and Mondelez International (MDLZ)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Procter & Gamble (PG – Research Report) and Mondelez International (MDLZ – Research Report) with bullish sentiments.
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Procter & Gamble (PG)
Morgan Stanley analyst Dara Mohsenian maintained a Buy rating on Procter & Gamble on February 20 and set a price target of $175.00. The company’s shares closed last Friday at $160.78.
According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of
Procter & Gamble has an analyst consensus of Moderate Buy, with a price target consensus of $165.27, representing a 3.9% upside. In a report issued on February 18, Erste Group also upgraded the stock to Buy.
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Mondelez International (MDLZ)
In a report issued on February 20, Megan Alexander from Morgan Stanley maintained a Buy rating on Mondelez International, with a price target of $66.00. The company’s shares closed last Friday at $58.80.
According to TipRanks.com, Alexander is a 2-star analyst with an average return of
Currently, the analyst consensus on Mondelez International is a Moderate Buy with an average price target of $66.88, implying a 14.1% upside from current levels. In a report issued on February 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $67.00 price target.
