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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Pilgrim’s Pride (PPC) and Freshpet (FRPT)

Tipranks - Tipranks - Fri Jul 3, 5:26AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Pilgrim’s Pride (PPC) and Freshpet (FRPT).

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Pilgrim’s Pride (PPC)

In a report released today, Peter Galbo from Bank of America Securities reiterated a Hold rating on Pilgrim’s Pride, with a price target of $30.00. The company’s shares closed last Wednesday at $28.55.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 2.1% and a 54.2% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and Constellation Brands. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Pilgrim’s Pride with a $36.50 average price target, which is a 27.9% upside from current levels. In a report issued on June 20, TipRanks – PerPlexity also downgraded the stock to Hold with a $29.00 price target.

See the top stocks recommended by analysts >>

Freshpet (FRPT)

Morgan Stanley analyst Eric Serotta maintained a Buy rating on Freshpet yesterday and set a price target of $77.00. The company’s shares closed last Wednesday at $56.00.

According to TipRanks.com, Serotta is a 1-star analyst with an average return of -3.9% and a 55.8% success rate. Serotta covers the Consumer Goods sector, focusing on stocks such as Vita Coco Company, Celsius Holdings, and Brown-Forman B. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Freshpet with a $77.00 average price target, representing a 30.1% upside. In a report released yesterday, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $72.00 price target.

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