There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Tesla (TSLA) and Diageo (DGEAF) with bullish sentiments.
Tesla (TSLA)
Goldman Sachs analyst Mark Delaney maintained a Buy rating on Tesla yesterday and set a price target of $925.00. The company’s shares closed last Wednesday at $820.23.
According to TipRanks.com, Delaney is a 3-star analyst with an average return of 3.0% and a 57.1% success rate. Delaney covers the Technology sector, focusing on stocks such as TE Connectivity, Jabil Circuit, and Amphenol.
Tesla has an analyst consensus of Hold, with a price target consensus of $619.95, a -24.5% downside from current levels. In a report issued on May 19, JMP Securities also maintained a Buy rating on the stock with a $1001.00 price target.
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Diageo (DGEAF)
Goldman Sachs analyst Olivier Nicolai maintained a Buy rating on Diageo yesterday and set a price target of £31.50. The company’s shares closed last Wednesday at $35.23.
Nicolai has an average return of 4.9% when recommending Diageo.
According to TipRanks.com, Nicolai is ranked #4530 out of 6650 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diageo with a $34.38 average price target, a -2.0% downside from current levels. In a report issued on May 21, Bernstein also maintained a Buy rating on the stock with a £30.60 price target.
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