Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on General Mills (NYSE:GIS), Broadcom (NASDAQ:AVGO) and KB Home (NYSE:KBH).
General Mills (GIS)
Credit Suisse analyst Robert Moskow maintained a Hold rating on General Mills on July 11 and set a price target of $44. The company’s shares closed yesterday at $44.91.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.1% and a 50.3% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, TreeHouse Foods, and Pinnacle Foods.
Currently, the analyst consensus on General Mills is a Moderate Buy with an average price target of $50.25, an 11.9% upside from current levels. In a report issued on June 27, Merrill Lynch also maintained a Hold rating on the stock with a $49 price target.
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Broadcom (AVGO)
In a report issued on July 12, John Pitzer from Credit Suisse maintained a Buy rating on Broadcom, with a price target of $335. The company’s shares closed yesterday at $202.46, close to its 52-week low of $197.46.
According to TipRanks.com, Pitzer is a top 100 analyst with an average return of 21.2% and a 71.8% success rate. Pitzer covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Texas Instruments, and Analog Devices.
Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $306.88, a 51.6% upside from current levels. In a report issued on July 12, Oppenheimer also assigned a Buy rating to the stock with a $315 price target.
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KB Home (KBH)
In a report released yesterday, Susan Maklari from Credit Suisse maintained a Hold rating on KB Home, with a price target of $29. The company’s shares closed yesterday at $26.99.
According to TipRanks.com, Maklari is a 1-star analyst with an average return of -0.1% and a 51.3% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Whirlpool Corp, and Toll Brothers.
KB Home has an analyst consensus of Moderate Buy, with a price target consensus of $32.50, representing a 20.4% upside. In a report issued on June 29, Citigroup also maintained a Hold rating on the stock with a $28 price target.
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