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Analysts Conflicted on These Consumer Goods Names: Target (TGT) and Sprouts Farmers (SFM)

Tipranks - Thu May 14, 5:32AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Target (TGT) and Sprouts Farmers (SFM).

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Target (TGT)

In a report released today, Oliver Chen from TD Cowen maintained a Hold rating on Target, with a price target of $130.00. The company’s shares closed last Tuesday at $121.80.

According to TipRanks.com, Chen is a 3-star analyst with an average return of 2.5% and a 47.8% success rate. Chen covers the NA sector, focusing on stocks such as Brilliant Earth Group, Ermenegildo Zegna, and Levi Strauss & Co. ;'>

Target has an analyst consensus of Moderate Buy, with a price target consensus of $128.72, which is a 6.4% upside from current levels. In a report issued on May 8, BMO Capital also maintained a Hold rating on the stock with a $130.00 price target.

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Sprouts Farmers (SFM)

Bank of America Securities analyst Robert Ohmes reiterated a Buy rating on Sprouts Farmers yesterday and set a price target of $100.00. The company’s shares closed last Tuesday at $86.89.

According to TipRanks.com, Ohmes is a 4-star analyst with an average return of 6.5% and a 54.5% success rate. Ohmes covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

Currently, the analyst consensus on Sprouts Farmers is a Moderate Buy with an average price target of $89.75, which is a 9.5% upside from current levels. In a report issued on April 30, TipRanks – Google also upgraded the stock to Buy with a $79.00 price target.

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