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Analysts Conflicted on These Consumer Goods Names: Constellation Brands (STZ), Philip Morris (PM) and Freshpet (FRPT)

Tipranks - Thu Jul 2, 10:14AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Constellation Brands (STZ), Philip Morris (PM) and Freshpet (FRPT).

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Constellation Brands (STZ)

In a report released today, Peter Grom from UBS reiterated a Buy rating on Constellation Brands, with a price target of $175.00. The company’s shares closed last Wednesday at $136.60.

According to TipRanks.com, Grom is a 1-star analyst with an average return of -1.3% and a 54.6% success rate. Grom covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Mondelez International, and Edgewell Personal Care. ;'>

Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $176.17, implying a 23.4% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $154.00 price target.

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Philip Morris (PM)

In a report released yesterday, Eric Serotta from Morgan Stanley maintained a Buy rating on Philip Morris, with a price target of $200.00. The company’s shares closed last Wednesday at $177.53.

According to TipRanks.com, Serotta is a 1-star analyst with an average return of -3.9% and a 55.8% success rate. Serotta covers the Consumer Goods sector, focusing on stocks such as Vita Coco Company, Celsius Holdings, and Brown-Forman B. ;'>

Currently, the analyst consensus on Philip Morris is a Strong Buy with an average price target of $197.43, which is a 9.2% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $209.00 price target.

Freshpet (FRPT)

Bank of America Securities analyst Yasmine Deswandhy reiterated a Hold rating on Freshpet today and set a price target of $70.00. The company’s shares closed last Wednesday at $59.99.

Freshpet has an analyst consensus of Strong Buy, with a price target consensus of $77.00, a 30.1% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $66.00 price target.

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