There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Procter & Gamble (PG – Research Report) and Anheuser-Busch Inbev Sa (BUD – Research Report) with bullish sentiments.
Procter & Gamble (PG)
Jefferies analyst Kaumil Gajrawala maintained a Buy rating on Procter & Gamble today and set a price target of $182.00. The company’s shares closed last Friday at $158.14.
According to TipRanks.com, Gajrawala is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Procter & Gamble with a $170.21 average price target, implying a 9.8% upside from current levels. In a report issued on April 12, Barclays also maintained a Buy rating on the stock with a $168.00 price target.
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Anheuser-Busch Inbev Sa (BUD)
In a report released today, Nadine Sarwat from Bernstein maintained a Buy rating on Anheuser-Busch Inbev Sa, with a price target of $80.00. The company’s shares closed last Friday at $58.74.
According to TipRanks.com, Sarwat is ranked #5651 out of 8786 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anheuser-Busch Inbev Sa with a $74.25 average price target, a 26.8% upside from current levels. In a report issued on April 8, Morgan Stanley also maintained a Buy rating on the stock with a $68.50 price target.
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Read More on PG:
- Procter & Gamble’s Bold Buyback: Balancing Share Repurchases with Financial Health Risks
- PG Earnings: Procter & Gamble’s Q3 Revenues Disappoint
- Procter & Gamble: Uncovering Hidden Gems for Market Growth
- Procter & Gamble expects oil, diesel, pulp costs to impact Q4
- Unusually active option classes on open April 19th
