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Analysts Offer Insights on Consumer Goods Companies: UTZ Brands (UTZ) and JM Smucker (SJM)

Tipranks - Fri Feb 20, 6:45AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on UTZ Brands (UTZResearch Report) and JM Smucker (SJMResearch Report).

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UTZ Brands (UTZ)

In a report released today, Michael Lavery from Piper Sandler maintained a Buy rating on UTZ Brands, with a price target of $13.00. The company’s shares closed last Wednesday at $9.04.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 5.7% and a 52.3% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and The Hershey Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for UTZ Brands with a $13.00 average price target, which is a 45.6% upside from current levels. In a report issued on February 9, Jefferies also maintained a Buy rating on the stock with a $15.00 price target.

See today’s best-performing stocks on TipRanks >>

JM Smucker (SJM)

Bernstein analyst Alexia Burland Howard maintained a Hold rating on JM Smucker today and set a price target of $113.00. The company’s shares closed last Wednesday at $107.69.

According to TipRanks.com, Howard is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.0% and a 41.7% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

Currently, the analyst consensus on JM Smucker is a Moderate Buy with an average price target of $115.82, representing a 9.2% upside. In a report issued on February 11, TipRanks – PerPlexity also upgraded the stock to Hold with a $112.00 price target.

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