Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Western Digital (WDC) and Steven Madden (SHOO).
Western Digital (WDC)
In a report released today, Mehdi Hosseini from Susquehanna reiterated a Hold rating on Western Digital, with a price target of $44. The company’s shares closed on Friday at $44.63.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.1% and a 46.6% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.
Western Digital has an analyst consensus of Moderate Buy, with a price target consensus of $57.40.
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Steven Madden (SHOO)
In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on Steven Madden, with a price target of $38. The company’s shares closed on Friday at $31.51, close to its 52-week low of $27.88.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 4.9% and a 51.5% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Steven Madden with a $37.80 average price target.
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