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Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (STZ) and Nestlé SA (OtherNSRGF)

Tipranks - Thu Jun 11, 4:28AM CDT

Analysts fell to the sidelines weighing in on Constellation Brands (STZ) and Nestlé SA (NSRGF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Constellation Brands (STZ)

Barclays analyst Lauren Lieberman maintained a Hold rating on Constellation Brands today and set a price target of $170.00. The company’s shares closed last Tuesday at $140.09.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 4.1% and a 56.9% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Edgewell Personal Care. ;'>

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $177.61, implying a 26.0% upside from current levels. In a report issued on June 1, Piper Sandler also maintained a Hold rating on the stock with a $160.00 price target.

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Nestlé SA (NSRGF)

Ackerman has an average return of 2.9% when recommending Nestlé SA. ;'>

According to TipRanks.com, Ackerman is ranked #9579 out of 12296 analysts.

Currently, the analyst consensus on Nestlé SA is a Hold with an average price target of $104.55, implying a 7.8% upside from current levels. In a report issued on June 3, J.P. Morgan also maintained a Hold rating on the stock with a CHF90.00 price target.

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