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Analysts Offer Insights on Consumer Goods Companies: WH Group (OtherWHGRF), Sprouts Farmers (SFM) and Turning Point Brands (TPB)

Tipranks - Fri May 1, 7:24AM CDT

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on WH Group (WHGRF), Sprouts Farmers (SFM) and Turning Point Brands (TPB).

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WH Group (WHGRF)

Jefferies analyst Anne Ling maintained a Buy rating on WH Group yesterday and set a price target of HK$12.40. The company’s shares closed last Tuesday at $1.34.

According to TipRanks.com, Ling is a 4-star analyst with an average return of 13.4% and a 42.3% success rate. Ling covers the NA sector, focusing on stocks such as Chow Tai Fook Jewellery Group, Samsonite International SA, and Galaxy Entertainment Group. ;'>

WH Group has an analyst consensus of Strong Buy, with a price target consensus of $1.54, representing a 14.9% upside. In a report issued on April 14, Goldman Sachs also maintained a Buy rating on the stock with a HK$11.80 price target.

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Sprouts Farmers (SFM)

In a report released today, Steven Shemesh from RBC Capital maintained a Buy rating on Sprouts Farmers, with a price target of $114.00. The company’s shares closed last Wednesday at $71.13, close to its 52-week low of $61.61.

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -0.6% and a 48.2% success rate. Shemesh covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Advance Auto Parts, and CarParts.com Inc. ;'>

Currently, the analyst consensus on Sprouts Farmers is a Moderate Buy with an average price target of $88.75, which is a 26.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $79.00 price target.

Turning Point Brands (TPB)

In a report released today, Gerald Pascarelli from Needham maintained a Hold rating on Turning Point Brands. The company’s shares closed last Wednesday at $77.18.

According to TipRanks.com, Pascarelli is ranked 0 out of 5 stars with an average return of -5.5% and a 35.1% success rate. Pascarelli covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Vita Coco Company, and Celsius Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Turning Point Brands with a $131.25 average price target, a 70.5% upside from current levels. In a report issued on April 16, TipRanks – xAI also reiterated a Hold rating on the stock with a $83.00 price target.

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