Analysts Offer Insights on Consumer Goods Companies: Wolverine World Wide (NYSE: WWW) and The Estée Lauder Companies Inc (NYSE: EL)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Wolverine World Wide (NYSE: WWW) and The Estée Lauder Companies Inc (NYSE: EL).

Wolverine World Wide (NYSE: WWW)

In a report released today, Mitch Kummetz from Pivotal Research maintained a Hold rating on Wolverine World Wide (NYSE: WWW), with a price target of $33. The company’s shares closed yesterday at $30.

Kummetz commented:

“We are a little skeptical (especially on WWW’s Merrell outlook), as 2Q and 4Q are reorder quarters and 4Q is a tough comparison.”

According to TipRanks.com, Kummetz is a 1-star analyst with an average return of -2.6% and a 48.4% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.

Wolverine World Wide has an analyst consensus of Hold, with a price target consensus of $31.33.

See today’s analyst top recommended stocks >>

The Estée Lauder Companies Inc (NYSE: EL)

In a report released today, Bonnie Herzog from Wells Fargo maintained a Buy rating on The Estée Lauder Companies Inc (NYSE: EL). The company’s shares closed yesterday at $144.93, close to its 52-week high of $153.88.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 8.4% and a 75.4% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Colgate-Palmolive, and Procter & Gamble.

Currently, the analyst consensus on The Estée Lauder Companies Inc is Strong Buy and the average price target is $153.44, representing a 5.9% upside.

In a report issued on April 17, Stifel Nicolaus also reiterated a Buy rating on the stock with a $160 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts