Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Albany International Corp (NYSE:AIN) and Archer Daniels Midland (NYSE:ADM).
Albany International Corp (AIN)
In a report issued on August 14, Drew Lipke from Stephens reiterated a Hold rating on Albany International Corp, with a price target of $72. The company’s shares opened today at $75.75, close to its 52-week high of $78.30.
According to TipRanks.com, Lipke is a 3-star analyst with an average return of 10.0% and a 66.7% success rate. Lipke covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Flir Systems, and HEICO Corp.
Albany International Corp has an analyst consensus of Hold, with a price target consensus of $72, a -5.0% downside from current levels. In a report issued on August 8, Noble Financial also maintained a Hold rating on the stock.
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Archer Daniels Midland (ADM)
Stephens analyst Farha Aslam reiterated a Buy rating on Archer Daniels Midland today and set a price target of $57. The company’s shares opened today at $50.15, close to its 52-week high of $50.60.
According to TipRanks.com, Aslam is a 4-star analyst with an average return of 12.5% and a 66.7% success rate. Aslam covers the Consumer Goods sector, focusing on stocks such as Hostess Brands Inc, Green Plains Inc, and Pilgrim’s Pride.
Archer Daniels Midland has an analyst consensus of Moderate Buy, with a price target consensus of $53.20, representing a 6.1% upside. In a report issued on August 1, Buckingham also maintained a Buy rating on the stock with a $57 price target.
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