There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coffee Holding Co (JVA) and Control4 Corp (CTRL) with bullish sentiments.
Coffee Holding Co (JVA)
In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on Coffee Holding Co, with a price target of $10. The company’s shares closed yesterday at $5.98.
Anderson commented:
“We maintain our Buy rating on Coffee Holding Company (JVA), though reduce our price target to $10, from $11, following the release of lower-than-expected F1Q19 (January) earnings yesterday.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 10.2% and a 65.5% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Currently, the analyst consensus on Coffee Holding Co is a Moderate Buy with an average price target of $11.
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Control4 Corp (CTRL)
Maxim Group analyst Nehal Chokshi reiterated a Buy rating on Control4 Corp today and set a price target of $31. The company’s shares closed yesterday at $17.11, close to its 52-week low of $15.59.
Chokshi noted:
“Remain confident Mar Q represents bottom in y/y growth. NI, reiterate Buy rating and 12-month price target of $31.”
According to TipRanks.com, Chokshi is a 5-star analyst with an average return of 10.2% and a 57.8% success rate. Chokshi covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Palo Alto Networks.
Control4 Corp has an analyst consensus of Moderate Buy, with a price target consensus of $26.75.
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