Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on FMC Corp (FMC) and Campbell Soup (CPB).
FMC Corp (FMC)
Credit Suisse analyst Chris Parkinson maintained a Buy rating on FMC Corp yesterday and set a price target of $105. The company’s shares closed yesterday at $81.40.
According to TipRanks.com, Parkinson is a 2-star analyst with an average return of -0.3% and a 52.5% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sherwin-Williams Company, and Ashland Inc.
FMC Corp has an analyst consensus of Strong Buy, with a price target consensus of $106.20, implying a 30.5% upside from current levels. In a report issued on November 14, Buckingham also initiated coverage with a Buy rating on the stock with a $106 price target.
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Campbell Soup (CPB)
In a report released yesterday, Robert Moskow from Credit Suisse upgraded Campbell Soup to Hold, with a price target of $36. The company’s shares closed yesterday at $39.02.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 1.9% and a 51.3% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Conagra Brands Inc.
Campbell Soup has an analyst consensus of Moderate Sell, with a price target consensus of $36.50, a -6.5% downside from current levels. In a report issued on November 21, Deutsche Bank also maintained a Hold rating on the stock with a $40 price target.
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