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Analysts Offer Insights on Consumer Goods Companies: Molson Coors (TAP) and Walmart (WMT)

Tipranks - Fri Feb 20, 9:24AM CST

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Molson Coors (TAPResearch Report) and Walmart (WMTResearch Report) with bullish sentiments.

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Molson Coors (TAP)

Needham analyst Gerald Pascarelli maintained a Buy rating on Molson Coors today and set a price target of $52.00. The company’s shares closed last Thursday at $48.01.

According to TipRanks.com, Pascarelli is a 2-star analyst with an average return of 0.4% and a 47.3% success rate. Pascarelli covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Celsius Holdings, and Brown-Forman B. ;'>

Molson Coors has an analyst consensus of Hold, with a price target consensus of $49.82, which is a 4.6% upside from current levels. In a report issued on February 9, Evercore ISI also maintained a Buy rating on the stock with a $55.00 price target.

See the top stocks recommended by analysts >>

Walmart (WMT)

In a report released today, Christopher Horvers from J.P. Morgan maintained a Buy rating on Walmart, with a price target of $137.00. The company’s shares closed last Thursday at $129.25.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 10.6% and a 63.1% success rate. Horvers covers the NA sector, focusing on stocks such as Advance Auto Parts, Tractor Supply, and O’Reilly Auto. ;'>

Walmart has an analyst consensus of Strong Buy, with a price target consensus of $133.92, representing a 4.2% upside. In a report issued on February 4, Bernstein also maintained a Buy rating on the stock with a $129.00 price target.

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