Analysts Are Bullish on Top Consumer Goods Stocks: Procter & Gamble (PG), Target (TGT)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Procter & Gamble (PG – Research Report) and Target (TGT – Research Report) with bullish sentiments.
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Procter & Gamble (PG)
In a report issued on March 4, Nik Modi from RBC Capital maintained a Buy rating on Procter & Gamble, with a price target of $172.00. The company’s shares closed last Thursday at $153.99, close to its 52-week low of $153.52.
According to TipRanks.com, Modi is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $166.25, which is a 5.9% upside from current levels. In a report issued on February 18, Erste Group also upgraded the stock to Buy.
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Target (TGT)
RBC Capital analyst Steven Shemesh maintained a Buy rating on Target on March 4 and set a price target of $130.00. The company’s shares closed last Thursday at $120.36.
According to TipRanks.com, Shemesh is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Target with a $121.77 average price target, implying a 1.7% upside from current levels. In a report issued on March 3, TipRanks – xAI also upgraded the stock to Buy with a $126.00 price target.
