There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on LGI Homes (LGIH), Echostar Corp (SATS) and B&G Foods (BGS) with bullish sentiments.
LGI Homes (LGIH)
Wells Fargo analyst Stephen East maintained a Buy rating on LGI Homes today and set a price target of $66. The company’s shares closed yesterday at $58.52.
According to TipRanks.com, East is ranked #1799 out of 5215 analysts.
Currently, the analyst consensus on LGI Homes is a Strong Buy with an average price target of $59, which is a 0.8% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $68 price target.
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Echostar Corp (SATS)
Citigroup analyst Jason Bazinet maintained a Buy rating on Echostar Corp today and set a price target of $59. The company’s shares closed yesterday at $39.22.
According to TipRanks.com, Bazinet is a 4-star analyst with an average return of 6.9% and a 62.6% success rate. Bazinet covers the Services sector, focusing on stocks such as Charter Communications, Eros International Plc, and Nielsen Holdings.
Echostar Corp has an analyst consensus of Moderate Buy, with a price target consensus of $67.
B&G Foods (BGS)
In a report released today, Cornell Burnette from Citigroup maintained a Buy rating on B&G Foods, with a price target of $29. The company’s shares closed yesterday at $24.66.
According to TipRanks.com, Burnette is ranked #2215 out of 5215 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for B&G Foods with a $34.83 average price target.
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