There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola (KO – Research Report) and Church & Dwight (CHD – Research Report) with bullish sentiments.
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Coca-Cola (KO)
Wells Fargo analyst Christopher Carey maintained a Buy rating on Coca-Cola today and set a price target of $78.00. The company’s shares closed last Friday at $71.35, close to its 52-week high of $73.53.
According to TipRanks.com, Carey is a 3-star analyst with an average return of 1.1% and a 47.7% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.
Coca-Cola has an analyst consensus of Strong Buy, with a price target consensus of $75.24, implying a 7.0% upside from current levels. In a report issued on February 11, Morgan Stanley also maintained a Buy rating on the stock with a $78.00 price target.
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Church & Dwight (CHD)
Piper Sandler analyst Korinne Wolfmeyer maintained a Buy rating on Church & Dwight today and set a price target of $126.00. The company’s shares closed last Friday at $105.33.
According to TipRanks.com, Wolfmeyer ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.7% and a 37.8% success rate. Wolfmeyer covers the NA sector, focusing on stocks such as The Estée Lauder Companies, European Wax Center, and Xponential Fitness.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Church & Dwight with a $112.07 average price target, which is a 7.6% upside from current levels. In a report issued on February 10, Wells Fargo also maintained a Buy rating on the stock with a $165.00 price target.
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