There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on WR Grace (NYSE:GRA) and Silgan Holdings (NASDAQ:SLGN) with bullish sentiments.
WR Grace (GRA)
In a report released today, John McNulty from BMO Capital maintained a Buy rating on WR Grace, with a price target of $86. The company’s shares opened today at $66.
According to TipRanks.com, McNulty is a 3-star analyst with an average return of 2.1% and a 53.2% success rate. McNulty covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Westlake Chemical Corp, and Venator Materials Plc.
WR Grace has an analyst consensus of Strong Buy, with a price target consensus of $85.20, which is a 29.1% upside from current levels. In a report issued on October 17, Seaport Global also maintained a Buy rating on the stock with a $80 price target.
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Silgan Holdings (SLGN)
BMO Capital analyst Mark Wilde maintained a Buy rating on Silgan Holdings today and set a price target of $30. The company’s shares opened today at $23.73, close to its 52-week low of $23.70.
According to TipRanks.com, Wilde is a 5-star analyst with an average return of 12.6% and a 69.2% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Packaging Corp.
Currently, the analyst consensus on Silgan Holdings is a Hold with an average price target of $30.
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