Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Qorvo (QRVO) and PVH (PVH).
Qorvo (QRVO)
In a report released yesterday, Karl Ackerman from Cowen & Co. reiterated a Hold rating on Qorvo, with a price target of $71. The company’s shares closed yesterday at $67.02.
According to TipRanks.com, Ackerman has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.0% and a 27.3% success rate. Ackerman covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Ultra Clean Holdings, and Skyworks Solutions.
Currently, the analyst consensus on Qorvo is a Moderate Buy with an average price target of $75.24, which is a 12.3% upside from current levels. In a report issued on November 14, Nomura also maintained a Hold rating on the stock with a $70 price target.
.
See today’s analyst top recommended stocks >>
PVH (PVH)
Cowen & Co. analyst John Kernan reiterated a Buy rating on PVH on November 26 and set a price target of $150. The company’s shares closed yesterday at $110.91, close to its 52-week low of $106.63.
According to TipRanks.com, Kernan is a 2-star analyst with an average return of 0.5% and a 46.5% success rate. Kernan covers the Services sector, focusing on stocks such as Burlington Stores, Foot Locker Inc, and TJX Companies.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PVH with a $160 average price target, a 44.3% upside from current levels. In a report issued on November 19, Credit Suisse also reiterated a Buy rating on the stock with a $150 price target.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
