Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Consumer Goods Companies: Target (TGT), Campbell Soup (CPB) and Kroger Company (KR)

Tipranks - Sat Mar 7, 6:14AM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Target (TGTResearch Report), Campbell Soup (CPBResearch Report) and Kroger Company (KRResearch Report).

Claim 70% Off TipRanks Premium

Target (TGT)

In a report released yesterday, Greg Melich from Evercore ISI maintained a Hold rating on Target, with a price target of $120.00. The company’s shares closed last Thursday at $120.36.

According to TipRanks.com, Melich is a 5-star analyst with an average return of 10.2% and a 63.2% success rate. Melich covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Genuine Parts Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Target with a $124.55 average price target, which is a 4.0% upside from current levels. In a report issued on March 3, Bernstein also upgraded the stock to Hold with a $116.00 price target.

See today’s best-performing stocks on TipRanks >>

Campbell Soup (CPB)

Evercore ISI analyst David Palmer maintained a Hold rating on Campbell Soup yesterday and set a price target of $30.00. The company’s shares closed last Thursday at $25.06.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 4.6% and a 58.0% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

Currently, the analyst consensus on Campbell Soup is a Hold with an average price target of $29.60, which is a 18.3% upside from current levels. In a report issued on March 3, Wells Fargo also maintained a Hold rating on the stock with a $28.00 price target.

Kroger Company (KR)

Roth MKM analyst Bill Kirk reiterated a Buy rating on Kroger Company today and set a price target of $78.00. The company’s shares closed last Thursday at $71.57.

According to TipRanks.com, Kirk has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.3% and a 39.9% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Grocery Outlet Holding, and United Natural Foods. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $75.45, which is a 12.2% upside from current levels. In a report issued on February 22, Bank of America Securities also maintained a Buy rating on the stock with a $85.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.