Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Costco (COST), Constellation Brands (STZ) and Simply Good Foods (SMPL)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Costco (COST), Constellation Brands (STZ) and Simply Good Foods (SMPL).

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Costco (COST)

Evercore ISI analyst Greg Melich maintained a Buy rating on Costco today and set a price target of $1100.00. The company’s shares closed last Wednesday at $1030.27, close to its 52-week high of $1078.23.

According to TipRanks.com, Melich is a 5-star analyst with an average return of 10.0% and a 61.1% success rate. Melich covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Genuine Parts Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Costco with a $1100.12 average price target, a 9.5% upside from current levels. In a report issued on March 31, Telsey Advisory also maintained a Buy rating on the stock with a $1125.00 price target.

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Constellation Brands (STZ)

Piper Sandler analyst Michael Lavery maintained a Hold rating on Constellation Brands today and set a price target of $146.00. The company’s shares closed last Wednesday at $150.26.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 4.7% and a 49.6% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, The Hershey Company, and Colgate-Palmolive. ;'>

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $171.20, which is a 10.4% upside from current levels. In a report issued on March 30, Deutsche Bank also maintained a Hold rating on the stock with a $154.00 price target.

Simply Good Foods (SMPL)

In a report released today, Jon Andersen from William Blair maintained a Buy rating on Simply Good Foods, with a price target of $14.00. The company’s shares closed last Wednesday at $14.41.

According to TipRanks.com, Andersen is a 1-star analyst with an average return of -2.1% and a 50.3% success rate. Andersen covers the Consumer Goods sector, focusing on stocks such as Once Upon a Farm, PBC, J & J Snack Foods, and Vita Coco Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simply Good Foods with a $23.71 average price target, representing a 62.2% upside. In a report released yesterday, Bernstein also maintained a Buy rating on the stock with a $30.00 price target.

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• Costco: Resilient Core Performance and Traffic Tailwinds Support Buy Rating
• Costco price target raised to $1,000 from $950 at Wells Fargo
• Costco Stock (COST) Rises on ‘Solid’ March Sales, But Truist Sticks with Hold — Here’s Why
• Costco reports March comparable sales up 9.4%
• PepsiCo (PEP) Sets Up for a Tactical Bounce into Q1 Earnings