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Analysts’ Top Consumer Goods Picks: JM Smucker (SJM), Honest Company (HNST)

Tipranks - Fri Jun 12, 8:28AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on JM Smucker (SJM) and Honest Company (HNST) with bullish sentiments.

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JM Smucker (SJM)

UBS analyst Peter Grom maintained a Buy rating on JM Smucker today and set a price target of $130.00. The company’s shares closed last Wednesday at $117.05.

According to TipRanks.com, Grom is a 1-star analyst with an average return of -1.4% and a 56.2% success rate. Grom covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Mondelez International, and Edgewell Personal Care. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JM Smucker with a $121.71 average price target, representing a 7.3% upside. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $124.00 price target.

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Honest Company (HNST)

In a report released today, Owen Rickert from Northland Securities maintained a Buy rating on Honest Company, with a price target of $5.00. The company’s shares closed last Wednesday at $3.46, close to its 52-week low of $2.40.

According to TipRanks.com, Rickert is a 1-star analyst with an average return of -0.9% and a 44.9% success rate. Rickert covers the NA sector, focusing on stocks such as Savers Value Village Inc., Life Time Group Holdings, and Barnes & Noble Education. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honest Company with a $4.10 average price target, implying a 20.2% upside from current levels. In a report issued on May 28, TipRanks – PerPlexity also upgraded the stock to Buy with a $4.00 price target.

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