There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Broadcom (AVGO) and KB Home (KBH) with bullish sentiments.
Broadcom (AVGO)
Citigroup analyst Christopher Danely maintained a Buy rating on Broadcom today and set a price target of $303.00. The company’s shares closed last Friday at $230.69.
According to TipRanks.com, Danely is a 3-star analyst with an average return of 1.4% and a 52.3% success rate. Danely covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Maxim Integrated, and Microchip.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Broadcom with a $300.00 average price target, implying a 30.0% upside from current levels. In a report issued on March 16, BMO Capital also upgraded the stock to Buy with a $330.00 price target.
See today’s analyst top recommended stocks >>
KB Home (KBH)
Raymond James analyst Buck Horne reiterated a Buy rating on KB Home today and set a price target of $26.00. The company’s shares closed last Friday at $17.95.
According to TipRanks.com, Horne is ranked #1176 out of 6213 analysts.
KB Home has an analyst consensus of Moderate Buy, with a price target consensus of $30.00, which is a 67.1% upside from current levels. In a report issued on March 25, KeyBanc also upgraded the stock to Buy with a $25.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
