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Analysts Offer Insights on Consumer Goods Companies: JM Smucker (SJM), United Natural Foods (UNFI) and e.l.f. Beauty (ELF)

Tipranks - Thu Jun 11, 6:36AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on JM Smucker (SJM), United Natural Foods (UNFI) and e.l.f. Beauty (ELF).

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JM Smucker (SJM)

RBC Capital analyst Nik Modi maintained a Buy rating on JM Smucker today and set a price target of $135.00. The company’s shares closed last Tuesday at $112.39.

According to TipRanks.com, Modi is ranked 0 out of 5 stars with an average return of -2.5% and a 48.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International. ;'>

Currently, the analyst consensus on JM Smucker is a Moderate Buy with an average price target of $120.86, which is a 13.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $124.00 price target.

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United Natural Foods (UNFI)

Guggenheim analyst John Heinbockel maintained a Hold rating on United Natural Foods yesterday. The company’s shares closed last Tuesday at $46.33.

According to TipRanks.com, Heinbockel is a 4-star analyst with an average return of 9.0% and a 58.7% success rate. Heinbockel covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, US Foods Holding, and Dollar General. ;'>

Currently, the analyst consensus on United Natural Foods is a Hold with an average price target of $47.25, representing a 12.7% upside. In a report released yesterday, BTIG also maintained a Hold rating on the stock.

e.l.f. Beauty (ELF)

Morgan Stanley analyst Dara Mohsenian maintained a Hold rating on e.l.f. Beauty yesterday and set a price target of $59.00. The company’s shares closed last Tuesday at $55.67.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.4% and a 62.8% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Colgate-Palmolive. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for e.l.f. Beauty with a $73.60 average price target.

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