Analysts Are Bullish on These Consumer Goods Stocks: LyondellBasell (LYB), MACOM Technology Solutions Holdings Inc (MTSI)


There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on LyondellBasell (LYB) and MACOM Technology Solutions Holdings Inc (MTSI) with bullish sentiments.

LyondellBasell (LYB)

In a report released yesterday, Laurence Alexander from Jefferies reiterated a Buy rating on LyondellBasell, with a price target of $116. The company’s shares closed yesterday at $91.88.

According to TipRanks.com, Alexander is a 5-star analyst with an average return of 11.9% and a 60.6% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Sociedad Quimica Y Minera SA, GCP Applied Technologies, and Axalta Coating Systems.

Currently, the analyst consensus on LyondellBasell is a Moderate Buy with an average price target of $105.22, a 14.5% upside from current levels. In a report issued on October 30, Alembic Global also maintained a Buy rating on the stock with a $145 price target.

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MACOM Technology Solutions Holdings Inc (MTSI)

In a report released yesterday, Mark Lipacis from Jefferies reiterated a Buy rating on MACOM Technology Solutions Holdings Inc, with a price target of $23. The company’s shares closed yesterday at $17.95.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 26.7% and a 70.4% success rate. Lipacis covers the Consumer Goods sector, focusing on stocks such as Tower Semiconductor, Texas Instruments, and Maxim Integrated.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MACOM Technology Solutions Holdings Inc with a $20.50 average price target, implying a 14.2% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $27 price target.

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