There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on CarPartscom (PRTS) and Diageo (DGEAF) with bullish sentiments.
CarPartscom (PRTS)
In a report released yesterday, Darren Aftahi from Roth Capital maintained a Buy rating on CarPartscom, with a price target of $18.00. The company’s shares closed last Monday at $10.88.
According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 32.5% and a 56.1% success rate. Aftahi covers the Technology sector, focusing on stocks such as Remark Holdings, Fathom Holdings, and Digital Turbine.
CarPartscom has an analyst consensus of Strong Buy, with a price target consensus of $17.33, which is a 52.0% upside from current levels. In a report issued on November 12, RBC Capital also initiated coverage with a Buy rating on the stock with a $15.00 price target.
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Diageo (DGEAF)
In a report released yesterday, Olivier Nicolai from Goldman Sachs maintained a Buy rating on Diageo, with a price target of £32.00. The company’s shares closed last Monday at $39.64.
Nicolai has an average return of 15.4% when recommending Diageo.
According to TipRanks.com, Nicolai is ranked #3338 out of 7091 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diageo with a $37.79 average price target, implying a -6.7% downside from current levels. In a report issued on November 10, Jefferies also maintained a Buy rating on the stock with a £35.00 price target.
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