There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Boston Beer (SAM – Research Report) and Altria Group (MO – Research Report) with bullish sentiments.
Boston Beer (SAM)
In a report released today, Michael Lavery from Piper Sandler maintained a Buy rating on Boston Beer, with a price target of $350.00. The company’s shares closed last Thursday at $287.27, close to its 52-week low of $274.78.
According to TipRanks.com, Lavery is a 4-star analyst with an average return of
Currently, the analyst consensus on Boston Beer is a Hold with an average price target of $315.09.
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Altria Group (MO)
In a report released today, Matthew Smith, CFA from Stifel Nicolaus maintained a Buy rating on Altria Group, with a price target of $50.00. The company’s shares closed last Thursday at $43.54.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Currently, the analyst consensus on Altria Group is a Hold with an average price target of $43.44, representing a 0.4% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $47.00 price target.
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Read More on SAM:
- SAM Earnings this Week: How Will it Perform?
- The Boston Beer Company Debuts First-of-its-Kind Non-Alc Beverage, General Admission, Available Now via Direct-to-Consumer Shipping
- Boston Beer price target lowered to $310 from $340 at Evercore ISI
- Dogfish Head Expands Distribution of Spirits-Based RTD Cocktails to Western Canada
- Boston Beer price target lowered to $315 from $350 at Citi
