Analysts Offer Insights on Consumer Goods Companies: WK Kellogg Co (KLG) and Church & Dwight (CHD)

Analysts fell to the sidelines weighing in on WK Kellogg Co (KLG – Research Report) and Church & Dwight (CHD – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

WK Kellogg Co (KLG)

Stifel Nicolaus analyst Matthew Smith, CFA maintained a Hold rating on WK Kellogg Co yesterday and set a price target of $22.00. The company’s shares closed last Wednesday at $21.97.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 12.5% and a 63.5% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for WK Kellogg Co with a $20.25 average price target, implying a -14.0% downside from current levels. In a report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $24.00 price target.

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Church & Dwight (CHD)

In a report released yesterday, Mark Astrachan from Stifel Nicolaus maintained a Hold rating on Church & Dwight, with a price target of $107.00. The company’s shares closed last Wednesday at $106.78, close to its 52-week high of $108.68.

According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 15.9% and a 65.9% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as Colgate-Palmolive, Procter & Gamble, and Celsius Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Church & Dwight with a $107.00 average price target, which is a -0.6% downside from current levels. In a report issued on April 24, RBC Capital also maintained a Hold rating on the stock with a $104.00 price target.

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Read More on KLG:

• Kellogg Co Enhances Governance and Financial Strategy at AGM
• WK Kellogg backs FY24 adjusted net sales growth (1%)-1%, consensus $2.72B
• WK Kellogg reports Q1 EPS 37c, consensus 37c
• WK Kellogg Co Announces First Quarter Financial Results; Company Reaffirms 2024 Guidance
• Notable companies reporting before tomorrow’s open