Wall Street Analysts Are Bullish on Top Consumer Goods Picks
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Procter & Gamble (PG) and e.l.f. Beauty (ELF) with bullish sentiments.
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Procter & Gamble (PG)
In a report released today, Peter Galbo from Bank of America Securities maintained a Buy rating on Procter & Gamble. The company’s shares closed last Wednesday at $146.23.
According to TipRanks.com, Galbo is a 3-star analyst with an average return of
Procter & Gamble has an analyst consensus of Moderate Buy, with a price target consensus of $159.44, a 7.8% upside from current levels. In a report issued on July 30, Citi also maintained a Buy rating on the stock with a $170.00 price target.
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e.l.f. Beauty (ELF)
In a report released yesterday, Susan Anderson from Canaccord Genuity maintained a Buy rating on e.l.f. Beauty, with a price target of $97.00. The company’s shares closed last Wednesday at $89.40.
According to TipRanks.com, Anderson is a 5-star analyst with an average return of
e.l.f. Beauty has an analyst consensus of Moderate Buy, with a price target consensus of $82.60, a -7.0% downside from current levels. In a report issued on July 28, TipRanks – xAI also upgraded the stock to Buy with a $92.00 price target.
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- L Catterton announces sale of Thorne to Procter & Gamble for $3.8B
- Procter & Gamble (PG) Stock Jumps on News of a Deal to Buy Thorne
- M&A News: Procter & Gamble (PG) to Acquire Supplements Firm Thorne for $3.8 Billion
- Thorne confirms agreement to be acquired by Procter & Gamble
- Procter & Gamble CEO says will be announcing acquisition of Thorne today
