Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Apple (AAPL) and Coca-Cola (KO).
Apple (AAPL)
Macquarie analyst Ben Schachter maintained a Buy rating on Apple yesterday and set a price target of $222. The company’s shares closed yesterday at $169.60.
Schachter has an average return of 17.2% when recommending Apple.
According to TipRanks.com, Schachter is ranked #171 out of 5108 analysts.
Currently, the analyst consensus on Apple is a Moderate Buy with an average price target of $226.44, which is a 33.5% upside from current levels. In a report issued on November 26, Loop Capital Markets also maintained a Buy rating on the stock with a $225 price target.
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Coca-Cola (KO)
Jefferies analyst Kevin Grundy maintained a Hold rating on Coca-Cola yesterday and set a price target of $49. The company’s shares closed yesterday at $49.24.
According to TipRanks.com, Grundy is a 4-star analyst with an average return of 6.1% and a 61.1% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Constellation Brands Inc, and Edgewell Personal Care.
Currently, the analyst consensus on Coca-Cola is a Moderate Buy with an average price target of $52.50.
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