Analysts Conflicted on These Consumer Goods Names: Qorvo (QRVO), Jabil Circuit (JBL) and Ducommun Inc (DCO)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Qorvo (QRVO), Jabil Circuit (JBL) and Ducommun Inc (DCO).

Qorvo (QRVO)

Citigroup analyst Atif Malik maintained a Hold rating on Qorvo today and set a price target of $66. The company’s shares opened today at $64.30, close to its 52-week low of $61.

According to TipRanks.com, Malik is a 4-star analyst with an average return of 12.6% and a 50.0% success rate. Malik covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Applied Materials, and Universal Display.

Qorvo has an analyst consensus of Moderate Buy, with a price target consensus of $76.55, a 19.1% upside from current levels. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a $65 price target.

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Jabil Circuit (JBL)

In a report released today, Paul Coster from J.P. Morgan maintained a Buy rating on Jabil Circuit, with a price target of $34. The company’s shares opened today at $24.63.

According to TipRanks.com, Coster has currently no stars on a ranking scale of 0-5 stars, with an average return of -3.5% and a 42.4% success rate. Coster covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, First Solar, and Zebra Tech.

Currently, the analyst consensus on Jabil Circuit is a Moderate Buy with an average price target of $32.

Ducommun Inc (DCO)

In a report released today, Kenneth Herbert from Canaccord Genuity maintained a Buy rating on Ducommun Inc, with a price target of $46. The company’s shares opened today at $42.65, close to its 52-week high of $45.62.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 12.8% and a 63.8% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Mercury Systems Inc, Transdigm Group Inc, and CPI Aerostructures.

Ducommun Inc has an analyst consensus of Strong Buy, with a price target consensus of $45.50, implying a 6.7% upside from current levels. In a report issued on October 30, B.Riley FBR also maintained a Buy rating on the stock with a $48.50 price target.

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