Analysts Offer Insights on Consumer Goods Companies: Molson Coors (TAP) and Kimberly Clark (KMB)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Molson Coors (TAP) and Kimberly Clark (KMB).

Molson Coors (TAP)

In a report released today, Kevin Grundy from Jefferies maintained a Sell rating on Molson Coors, with a price target of $52. The company’s shares closed yesterday at $65.36.

Grundy noted:

“TAP’s 4Q18 results fell short with revs/EBITDA -5% / -4% below Street est., w/sales below Street est.”

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.2% and a 60.1% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Interlink Electronics, Inc., and Constellation Brands Inc.

Currently, the analyst consensus on Molson Coors is a Moderate Buy with an average price target of $71.25.

See today’s analyst top recommended stocks >>

Kimberly Clark (KMB)

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Kimberly Clark, with a price target of $124. The company’s shares closed yesterday at $116.79, close to its 52-week high of $120.48.

According to TipRanks.com, Mohsenian is a 3-star analyst with an average return of 2.0% and a 66.7% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Edgewell Personal Care, and Keurig Dr Pepper Inc.

Kimberly Clark has an analyst consensus of Hold, with a price target consensus of $111.25.

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