Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Mohawk Industries (NYSE:MHK) and Eastman Chemical (NYSE:EMN).
Mohawk Industries (MHK)
In a report released today, Sam Darkatsh from Raymond James maintained a Buy rating on Mohawk Industries, with a price target of $140. The company’s shares opened today at $115.85, close to its 52-week low of $113.45.
According to TipRanks.com, Darkatsh ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.7% and a 41.9% success rate. Darkatsh covers the Services sector, focusing on stocks such as Beacon Roofing Supply, HD Supply Holdings, and MRC Global.
Currently, the analyst consensus on Mohawk Industries is a Moderate Buy with an average price target of $152.54, which is a 31.7% upside from current levels. In a report issued on October 16, Robert W. Baird also maintained a Buy rating on the stock with a $192 price target.
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Eastman Chemical (EMN)
In a report released today, Aleksey Yefremov from Nomura maintained a Hold rating on Eastman Chemical, with a price target of $93. The company’s shares opened today at $79.27, close to its 52-week low of $73.95.
According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 12.2% and a 60.0% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Platform Specialty Products, Westlake Chemical Corp, and Axalta Coating Systems.
Currently, the analyst consensus on Eastman Chemical is a Moderate Buy with an average price target of $91.50, which is a 15.4% upside from current levels. In a report released today, SunTrust Robinson also maintained a Hold rating on the stock with a $83 price target.
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