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Analysts Offer Insights on Consumer Goods Companies: Coca-Cola Europacific Partners (CCEP) and Nestlé SA (OtherNSRGF)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Coca-Cola Europacific Partners (CCEPResearch Report) and Nestlé SA (NSRGFResearch Report).

Coca-Cola Europacific Partners (CCEP)

In a report issued on April 25, Richard Withagen from Kepler Capital maintained a Hold rating on Coca-Cola Europacific Partners, with a price target of EUR63.00. The company’s shares closed last Friday at $71.50, close to its 52-week high of $72.67.

Withagen has an average return of 6.4% when recommending Coca-Cola Europacific Partners.

According to TipRanks.com, Withagen is ranked #4071 out of 8795 analysts.

Coca-Cola Europacific Partners has an analyst consensus of Strong Buy, with a price target consensus of $77.32.

See the top stocks recommended by analysts >>

Nestlé SA (NSRGF)

Kepler Capital analyst Jon Cox maintained a Buy rating on Nestlé SA on April 25 and set a price target of CHF115.00. The company’s shares closed last Friday at $101.21, close to its 52-week low of $97.70.

Cox has an average return of 2.4% when recommending Nestlé SA.

According to TipRanks.com, Cox is ranked #4347 out of 8795 analysts.

Nestlé SA has an analyst consensus of Moderate Buy, with a price target consensus of $117.99, a 19.2% upside from current levels. In a report issued on April 25, J.P. Morgan also maintained a Buy rating on the stock with a CHF115.00 price target.

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