Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Marvell (MRVL) and Edgewell Personal Care (EPC).
Marvell (MRVL)
In a report released yesterday, John Pitzer from Credit Suisse maintained a Buy rating on Marvell, with a price target of $30. The company’s shares closed yesterday at $18.33.
According to TipRanks.com, Pitzer is a top 100 analyst with an average return of 20.5% and a 71.1% success rate. Pitzer covers the Consumer Goods sector, focusing on stocks such as Applied Materials Inc, Brooks Automation, and Lam Research.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marvell with a $23.36 average price target, implying a 27.4% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $26 price target.
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Edgewell Personal Care (EPC)
Wells Fargo analyst Bonnie Herzog maintained a Hold rating on Edgewell Personal Care yesterday and set a price target of $39. The company’s shares closed yesterday at $41.70.
Herzog observed:
“We are maintaining our FY19/FY20 EPS estimates of $3.42/$3.61 and raising our price target by $2 to $39 on slightly higher multiples.”
According to TipRanks.com, Herzog is a 4-star analyst with an average return of 6.1% and a 65.2% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, The Estée Lauder Companies Inc, and Constellation Brands Inc.
Edgewell Personal Care has an analyst consensus of Hold, with a price target consensus of $44.63, implying a 7.0% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $38 price target.
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