Analysts Offer Insights on Consumer Goods Companies: Gruma SAB de CV (OtherGPAGF) and Walmart (WMT)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Gruma SAB de CV (GPAGF – Research Report) and Walmart (WMT – Research Report).
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Gruma SAB de CV (GPAGF)
Barclays analyst Benjamin Theurer downgraded Gruma SAB de CV to Sell yesterday and set a price target of peso320.00. The company’s shares closed last Thursday at $15.90.
According to TipRanks.com, Theurer is a 3-star analyst with an average return of
Gruma SAB de CV has an analyst consensus of Moderate Buy, with a price target consensus of $20.79.
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Walmart (WMT)
In a report released yesterday, Robert Ohmes from Bank of America Securities maintained a Buy rating on Walmart. The company’s shares closed last Tuesday at $112.41.
According to TipRanks.com, Ohmes is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $121.67 average price target, implying a 9.2% upside from current levels. In a report issued on November 17, Telsey Advisory also maintained a Buy rating on the stock with a $118.00 price target.
