Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Analog Devices (NASDAQ:ADI) and Hanesbrands (NYSE:HBI).
Analog Devices (ADI)
B.Riley FBR analyst Craig Ellis maintained a Buy rating on Analog Devices today and set a price target of $117. The company’s shares closed yesterday at $97.92.
According to TipRanks.com, Ellis is a top 25 analyst with an average return of 32.9% and a 73.1% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Axcelis Technologies, and Silicon Laboratories.
Analog Devices has an analyst consensus of Strong Buy, with a price target consensus of $111, which is a 13.4% upside from current levels. In a report issued on August 17, Oppenheimer also assigned a Buy rating to the stock with a $110 price target.
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Hanesbrands (HBI)
In a report released today, Laurent Vasilescu from Macquarie maintained a Hold rating on Hanesbrands, with a price target of $14. The company’s shares closed yesterday at $18.40.
According to TipRanks.com, Vasilescu is ranked #1887 out of 4862 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Hanesbrands with a $18.75 average price target.
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