Wall Street Analysts Are Bullish on Top Consumer Goods Picks
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on SNDL (SNDL – Research Report) and Clene (CLNN – Research Report) with bullish sentiments.
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SNDL (SNDL)
In a report released yesterday, Aaron Grey from Alliance Global Partners maintained a Buy rating on SNDL, with a price target of $5.00. The company’s shares closed last Friday at $1.51, close to its 52-week low of $1.43.
According to TipRanks.com, Grey is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SNDL with a $4.75 average price target, implying a 198.7% upside from current levels. In a report released yesterday, ATB Cormark Capital Markets also maintained a Buy rating on the stock with a $4.50 price target.
See the top stocks recommended by analysts >>
Clene (CLNN)
Canaccord Genuity analyst Sumant Kulkarni maintained a Buy rating on Clene yesterday and set a price target of $48.00. The company’s shares closed last Friday at $5.72.
According to TipRanks.com, Kulkarni is a 4-star analyst with an average return of
Currently, the analyst consensus on Clene is a Strong Buy with an average price target of $32.25, a 437.5% upside from current levels. In a report issued on March 5, Maxim Group also maintained a Buy rating on the stock with a $20.00 price target.
