Analysts Conflicted on These Consumer Goods Names: Brinker International (EAT), Logitech (LOGI) and Intel (INTC)


Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Brinker International (EAT), Logitech (LOGI) and Intel (INTC).

Brinker International (EAT)

In a report released yesterday, Stephen Anderson from Maxim Group reiterated a Buy rating on Brinker International, with a price target of $58. The company’s shares closed yesterday at $43.14.

Anderson wrote:

“We reiterate our Buy rating and $58 price target on Brinker International (EAT) ahead of the release of F3Q19 (March) results on Tuesday, April 30 before the open.”

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 9.8% and a 67.4% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.

Currently, the analyst consensus on Brinker International is a Hold with an average price target of $48.60.

See today’s analyst top recommended stocks >>

Logitech (LOGI)

Wedbush analyst Michael Pachter maintained a Buy rating on Logitech yesterday and set a price target of $43. The company’s shares closed yesterday at $41.41.

According to TipRanks.com, Pachter is a 1-star analyst with an average return of -0.6% and a 52.0% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, AMC Entertainment, and Amazon.com, Inc.

Logitech has an analyst consensus of Strong Buy, with a price target consensus of $48.33, a 16.7% upside from current levels. In a report released yesterday, D.A. Davidson also reiterated a Buy rating on the stock with a $58 price target.

Intel (INTC)

In a report released yesterday, Hans Mosesmann from Rosenblatt Securities maintained a Sell rating on Intel. The company’s shares closed yesterday at $58.78, close to its 52-week high of $59.59.

Mosesmann noted:

“We expect the Street views near-term financial results as less important than what appears to be financial discipline by new CEO Bob Swan as evidenced by the exit of the non-strategic 5G handset modem business, a move that the previous management would have been reluctant to do, in our opinion.”

According to TipRanks.com, Mosesmann is a 5-star analyst with an average return of 13.5% and a 60.0% success rate. Mosesmann covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Lattice Semicon, and Microchip.

Intel has an analyst consensus of Moderate Buy, with a price target consensus of $55.43, which is a -5.7% downside from current levels. In a report issued on April 17, Northland Securities also maintained a Sell rating on the stock with a $38 price target.

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