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Analysts Conflicted on These Consumer Goods Names: Loblaw Companies (OtherLBLCF) and Procter & Gamble (PG)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Loblaw Companies (LBLCFResearch Report) and Procter & Gamble (PGResearch Report).

Loblaw Companies (LBLCF)

In a report issued on April 22, Irene Nattel from RBC Capital maintained a Buy rating on Loblaw Companies, with a price target of C$183.00. The company’s shares closed last Monday at $110.19, close to its 52-week high of $112.76.

According to TipRanks.com, Nattel is a 5-star analyst with an average return of 8.1% and a 60.2% success rate. Nattel covers the NA sector, focusing on stocks such as Casey’s General, Canadian Tire, and Murphy USA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Loblaw Companies with a $114.07 average price target, representing a 4.6% upside. In a report issued on April 15, National Bank also maintained a Buy rating on the stock with a C$156.00 price target.

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Procter & Gamble (PG)

In a report issued on April 22, Nik Modi from RBC Capital maintained a Hold rating on Procter & Gamble, with a price target of $157.00. The company’s shares closed last Wednesday at $162.60, close to its 52-week high of $163.14.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 6.4% and a 60.3% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Edgewell Personal Care, and Constellation Brands.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Procter & Gamble with a $169.13 average price target, which is a 4.9% upside from current levels. In a report issued on April 15, Bernstein also maintained a Hold rating on the stock with a $165.00 price target.

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