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Analysts Conflicted on These Consumer Goods Names: Nestlé SA (OtherNSRGF) and Constellation Brands (STZ)

Tipranks - Tue Jul 7, 8:54AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Nestlé SA (NSRGF) and Constellation Brands (STZ).

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Nestlé SA (NSRGF)

In a report released today, Tom Sykes from Deutsche Bank maintained a Hold rating on Nestlé SA, with a price target of CHF82.00. The company’s shares closed last Monday at $104.00.

According to TipRanks.com, Sykes is ranked #4836 out of 12356 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Nestlé SA with a $106.32 average price target, implying a 2.2% upside from current levels. In a report issued on June 25, TipRanks – DeepSeek also downgraded the stock to Hold with a CHF85.00 price target.

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Constellation Brands (STZ)

UBS analyst Peter Grom assigned a Buy rating to Constellation Brands today and set a price target of $168.00. The company’s shares closed last Monday at $132.19.

According to TipRanks.com, Grom is a 1-star analyst with an average return of -0.9% and a 56.3% success rate. Grom covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Mondelez International, and Edgewell Personal Care. ;'>

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $171.84, implying a 27.8% upside from current levels. In a report issued on June 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $154.00 price target.

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