Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Kraft Heinz (KHC – Research Report) and China Mengniu Dairy Co (CIADF – Research Report).
Kraft Heinz (KHC)
In a report released yesterday, Zheng Feng Chee from DBS maintained a Hold rating on Kraft Heinz, with a price target of $35.00. The company’s shares closed last Thursday at $36.90.
According to TipRanks.com, Chee is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kraft Heinz with a $37.71 average price target.
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China Mengniu Dairy Co (CIADF)
DBS analyst Mavis Hui maintained a Buy rating on China Mengniu Dairy Co yesterday and set a price target of HK$28.60. The company’s shares closed last Tuesday at $2.50, equals to its 52-week low of $2.50.
According to TipRanks.com, Hui is a 3-star analyst with an average return of
Currently, the analyst consensus on China Mengniu Dairy Co is a Strong Buy with an average price target of $4.10, implying a 64.0% upside from current levels. In a report issued on March 18, J.P. Morgan also maintained a Buy rating on the stock with a HK$35.00 price target.
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