There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Stmicroelectronics NV (STM), Infineon Technologies AG (IFNNF) and Compagnie Générale des Établissements Michelin (MGDDF) with bullish sentiments.
Stmicroelectronics NV (STM)
Merrill Lynch analyst Adithya Metuku maintained a Buy rating on Stmicroelectronics NV today and set a price target of $17.30. The company’s shares opened today at $15.16.
According to TipRanks.com, Metuku is ranked #2251 out of 5164 analysts.
Currently, the analyst consensus on Stmicroelectronics NV is a Moderate Buy with an average price target of $20.09.
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Infineon Technologies AG (IFNNF)
UBS analyst David Mulholland maintained a Buy rating on Infineon Technologies AG today and set a price target of $25. The company’s shares opened today at $16.60, equals to its 52-week low of $16.60.
According to TipRanks.com, Mulholland is ranked #3436 out of 5164 analysts.
Infineon Technologies AG has an analyst consensus of Moderate Buy, with a price target consensus of $24.72, which is a 48.9% upside from current levels. In a report issued on May 22, Goldman Sachs also maintained a Buy rating on the stock with a $21.50 price target.
Compagnie Générale des Établissements Michelin (MGDDF)
Jefferies analyst Philippe Houchois maintained a Buy rating on Compagnie Générale des Établissements Michelin today and set a price target of $118. The company’s shares closed last Tuesday at $122.47.
According to TipRanks.com, Houchois is a 4-star analyst with an average return of 8.5% and a 50.0% success rate. Houchois covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Continental Aktiengesellschaft, and Volkswagen AG.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Compagnie Générale des Établissements Michelin with a $138.43 average price target.
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