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Analysts Are Bullish on These Consumer Goods Stocks: UTZ Brands (UTZ), Constellation Brands (STZ)

Tipranks - Thu Apr 23, 4:42AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on UTZ Brands (UTZ) and Constellation Brands (STZ) with bullish sentiments.

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UTZ Brands (UTZ)

In a report released today, Scott Marks CFA from Jefferies reiterated a Buy rating on UTZ Brands, with a price target of $14.00. The company’s shares closed last Tuesday at $7.55.

According to TipRanks.com, CFA ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -13.7% and a 28.6% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. ;'>

Currently, the analyst consensus on UTZ Brands is a Strong Buy with an average price target of $11.61, representing a 52.4% upside. In a report issued on April 14, BTIG also initiated coverage with a Buy rating on the stock with a $10.00 price target.

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Constellation Brands (STZ)

Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Constellation Brands yesterday and set a price target of $180.00. The company’s shares closed last Tuesday at $156.95.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 3.8% and a 54.8% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Colgate-Palmolive. ;'>

Constellation Brands has an analyst consensus of Moderate Buy, with a price target consensus of $177.53, implying an 11.1% upside from current levels. In a report issued on April 10, TipRanks – xAI also upgraded the stock to Buy with a $180.00 price target.

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