Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Intel (NASDAQ:INTC) and Axalta Coating Systems (NYSE:AXTA).
Intel (INTC)
In a report released today, Ambrish Srivastava from BMO Capital maintained a Buy rating on Intel, with a price target of $58. The company’s shares opened today at $45.59.
According to TipRanks.com, Srivastava is a 4-star analyst with an average return of 10.6% and a 67.6% success rate. Srivastava covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Maxim Integrated, and Synaptics Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $54.05 average price target, a 18.6% upside from current levels. In a report issued on October 18, Nomura also upgraded the stock to Buy.
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Axalta Coating Systems (AXTA)
Nomura analyst Aleksey Yefremov maintained a Hold rating on Axalta Coating Systems today and set a price target of $28. The company’s shares opened today at $24.47, close to its 52-week low of $23.65.
According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 12.3% and a 61.4% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Platform Specialty Products, Westlake Chemical Corp, and Venator Materials Plc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Axalta Coating Systems with a $31.57 average price target, representing a 29.0% upside. In a report issued on October 11, Citigroup also maintained a Hold rating on the stock with a $28 price target.
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