Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Maxim Integrated (NASDAQ:MXIM) and Steven Madden (NASDAQ:SHOO).
Maxim Integrated (MXIM)
B.Riley FBR analyst Craig Ellis reiterated a Hold rating on Maxim Integrated today and set a price target of $61. The company’s shares closed yesterday at $58.96.
According to TipRanks.com, Ellis is a top 25 analyst with an average return of 37.1% and a 79.3% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Rudolph Technologies, Silicon Laboratories, and Skyworks Solutions.
The word on The Street in general, suggests a Hold analyst consensus rating for Maxim Integrated with a $61 average price target.
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Steven Madden (SHOO)
In a report released today, Jeff Van Sinderen from B.Riley FBR reiterated a Buy rating on Steven Madden, with a price target of $58. The company’s shares closed yesterday at $55.15, close to its 52-week high of $56.70.
According to TipRanks.com, Sinderen is a 1-star analyst with an average return of -1.0% and a 46.9% success rate. Sinderen covers the Services sector, focusing on stocks such as Tuesday Morning, Tilly’s Inc, and Kirkland’s.
Steven Madden has an analyst consensus of Moderate Buy, with a price target consensus of $57.13, implying a 3.6% upside from current levels. In a report issued on July 24, Piper Jaffray also reiterated a Buy rating on the stock with a $58 price target.
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