Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on LyondellBasell (NYSE:LYB) and B&G Foods (NYSE:BGS).
LyondellBasell (LYB)
In a report released yesterday, Duffy Fischer from Barclays maintained a Buy rating on LyondellBasell, with a price target of $110. The company’s shares closed yesterday at $89.27, close to its 52-week low of $85.60.
According to TipRanks.com, Fischer is a 4-star analyst with an average return of 15.7% and a 55.4% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Venator Materials Plc.
The word on The Street in general, suggests a Hold analyst consensus rating for LyondellBasell with a $113.33 average price target, a 27.0% upside from current levels. In a report issued on October 30, Alembic Global also maintained a Buy rating on the stock with a $145 price target.
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B&G Foods (BGS)
Barclays analyst Andrew Lazar maintained a Hold rating on B&G Foods yesterday and set a price target of $28. The company’s shares closed yesterday at $26.04.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of 6.7% and a 63.3% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, Post Holdings Inc, and TreeHouse Foods.
B&G Foods has an analyst consensus of Strong Buy, with a price target consensus of $35.67.
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