Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Molson Coors (NYSE: TAP), Fortinet (NASDAQ: FTNT) and Huntington Ingalls (NYSE: HII)


Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Molson Coors (NYSE: TAP), Fortinet (NASDAQ: FTNT) and Huntington Ingalls (NYSE: HII).

Molson Coors (NYSE: TAP)

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Molson Coors (NYSE: TAP), with a price target of $69. The company’s shares opened today at $59.67, close to its 52-week low of $58.75.

According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 6.7% and a 67.5% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Constellation Brands Inc, and Colgate-Palmolive.

Molson Coors has an analyst consensus of Strong Buy, with a price target consensus of $78.38.

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Fortinet (NASDAQ: FTNT)

In a report released today, Melissa Franchi from Morgan Stanley maintained a Hold rating on Fortinet (NASDAQ: FTNT), with a price target of $55. The company’s shares opened today at $55.77, close to its 52-week high of $57.98.

According to TipRanks.com, Franchi is ranked 0 out of 5 stars with an average return of -9.9% and a 47.6% success rate. Franchi covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, FireEye Inc, and Splunk Inc.

Currently, the analyst consensus on Fortinet is Moderate Buy and the average price target is $57.80, representing a 3.6% upside.

In a report released today, Evercore ISI also maintained a Hold rating on the stock with a $53 price target.

Huntington Ingalls (NYSE: HII)

Credit Suisse analyst Robert Spingarn maintained a Buy rating on Huntington Ingalls (NYSE: HII) today and set a price target of $301. The company’s shares opened today at $206.91.

According to TipRanks.com, Spingarn is a 5-star analyst with an average return of 15.4% and a 70.7% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as Maxar Technologies Ltd, General Dynamics Corp, and Transdigm Group Inc.

Currently, the analyst consensus on Huntington Ingalls is Moderate Buy and the average price target is $279, representing a 34.8% upside.

In a report released today, Wells Fargo also upgraded the stock to Buy with a $260 price target.

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