Analysts Offer Insights on Consumer Goods Companies: Mohawk Industries (NYSE: MHK) and Ashland Inc (NYSE: ASH)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Mohawk Industries (NYSE: MHK) and Ashland Inc (NYSE: ASH) with bullish sentiments.

Mohawk Industries (NYSE: MHK)

Credit Suisse analyst Susan Maklari maintained a Buy rating on Mohawk Industries (NYSE: MHK) yesterday and set a price target of $275. The company’s shares closed yesterday at $209.88, close to its 52-week low of $209.47.

According to TipRanks.com, Maklari is a 1-star analyst with an average return of -0.3% and a 48.6% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Whirlpool Corp, Toll Brothers, and Lennar Corp.

Currently, the analyst consensus on Mohawk Industries is Strong Buy and the average price target is $286.29, representing a 36.4% upside.

In a report released yesterday, Robert W. Baird also reiterated a Buy rating on the stock with a $272 price target.

See today’s analyst top recommended stocks >>

Ashland Inc (NYSE: ASH)

Credit Suisse analyst Chris Parkinson maintained a Buy rating on Ashland Inc (NYSE: ASH) yesterday and set a price target of $79. The company’s shares closed yesterday at $66.18.

According to TipRanks.com, Parkinson is a 1-star analyst with an average return of -1.4% and a 48.8% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Air Products and Chemicals, and Sherwin-Williams Company.

Ashland Inc has an analyst consensus of Moderate Buy, with a price target consensus of $80.50.

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