There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Celanese Corp (CE) and Brinker International (EAT) with bullish sentiments.
Celanese Corp (CE)
In a report released yesterday, Arun Viswanathan from RBC Capital reiterated a Buy rating on Celanese Corp, with a price target of $114. The company’s shares closed yesterday at $96.26.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 5.3% and a 53.4% success rate. Viswanathan covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Venator Materials Plc.
Celanese Corp has an analyst consensus of Hold, with a price target consensus of $105.33.
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Brinker International (EAT)
In a report released yesterday, Brian Vaccaro from Raymond James reiterated a Buy rating on Brinker International, with a price target of $50. The company’s shares closed yesterday at $42.36.
According to TipRanks.com, Vaccaro is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -7.1% and a 43.7% success rate. Vaccaro covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Carrols Restaurant Group, and Dine Brands Global Inc.
Brinker International has an analyst consensus of Hold, with a price target consensus of $49, implying a 15.7% upside from current levels. In a report issued on January 23, Maxim Group also reiterated a Buy rating on the stock with a $58 price target.
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