Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on LyondellBasell (NYSE: LYB) and Campbell Soup (NYSE: CPB).
LyondellBasell (NYSE: LYB)
In a report issued on May 18, Duffy Fischer from Barclays maintained a Buy rating on LyondellBasell (NYSE: LYB), with a price target of $135. The company’s shares closed on Friday at $116.22, close to its 52-week high of $121.95.
According to TipRanks.com, Fischer is a 5-star analyst with an average return of 19.9% and a 69.2% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Venator Materials Plc, and Kronos Worldwide Inc.
Currently, the analyst consensus on LyondellBasell is Moderate Buy and the average price target is $121.67, representing a 4.7% upside.
In a report issued on May 16, Jefferies also upgraded the stock to Buy with a $137 price target.
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Campbell Soup (NYSE: CPB)
In a report issued on May 18, Andrew Lazar from Barclays maintained a Sell rating on Campbell Soup (NYSE: CPB), with a price target of $33. The company’s shares closed on Friday at $34.37, close to its 52-week low of $34.09.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of 7.4% and a 63.5% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Hain Celestial, and Pinnacle Foods.
Currently, the analyst consensus on Campbell Soup is Moderate Sell and the average price target is $43.80, representing a 27.4% upside.
In a report issued on May 15, Credit Suisse also maintained a Sell rating on the stock with a $38 price target.
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