Analysts Are Bullish on These Consumer Goods Stocks: TTWO, TROX


There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Take-Two (NASDAQ: TTWO), TRONOX Ltd (NYSE: TROX) and Mellanox (NASDAQ: MLNX) with bullish sentiments.

Take-Two (NASDAQ: TTWO)

Barclays analyst Ryan Gee maintained a Buy rating on Take-Two (NASDAQ: TTWO) yesterday and set a price target of $126. The company’s shares closed yesterday at $113.88.

Gee has an average return of 10.0% when recommending Take-Two.

According to TipRanks.com, Gee is ranked #2615 out of 4801 analysts.

Currently, the analyst consensus on Take-Two is Strong Buy and the average price target is $135.09, representing a 18.6% upside.

In a report issued on May 2, Oppenheimer also assigned a Buy rating to the stock.

See today’s analyst top recommended stocks >>

TRONOX Ltd (NYSE: TROX)

In a report released yesterday, Duffy Fischer from Barclays maintained a Buy rating on TRONOX Ltd (NYSE: TROX), with a price target of $25. The company’s shares closed yesterday at $18.59.

According to TipRanks.com, Fischer is a 5-star analyst with an average return of 20.3% and a 70.3% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Venator Materials Plc, and Kronos Worldwide Inc.

Currently, the analyst consensus on TRONOX Ltd is Strong Buy and the average price target is $28, representing a 50.6% upside.

In a report issued on May 10, Alembic Global also reiterated a Buy rating on the stock with a $35 price target.

Mellanox (NASDAQ: MLNX)

In a report released yesterday, Joseph Wolf from Barclays maintained a Buy rating on Mellanox (NASDAQ: MLNX), with a price target of $103. The company’s shares closed yesterday at $87.05, close to its 52-week high of $88.85.

According to TipRanks.com, Wolf is a 3-star analyst with an average return of 4.4% and a 54.0% success rate. Wolf covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Lumentum Holdings, and Finisar Corp.

Currently, the analyst consensus on Mellanox is Strong Buy and the average price target is $93.63, representing a 7.6% upside.

In a report released yesterday, Benchmark Co. also maintained a Buy rating on the stock with a $100 price target.

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