Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on KB Home (KBH) and Monster Beverage (MNST).
KB Home (KBH)
In a report issued on January 10, Stephen Kim from Evercore ISI maintained a Buy rating on KB Home, with a price target of $40.00. The company’s shares closed last Monday at $35.86, close to its 52-week high of $37.59.
According to TipRanks.com, Kim is a 5-star analyst with an average return of 13.3% and a 67.1% success rate. Kim covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Toll Brothers, and Tri Pointe.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KB Home with a $38.75 average price target, a 9.3% upside from current levels. In a report issued on January 7, Raymond James also upgraded the stock to Buy with a $40.00 price target.
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Monster Beverage (MNST)
Evercore ISI analyst Robert Ottenstein maintained a Hold rating on Monster Beverage on January 10. The company’s shares closed last Monday at $65.34, close to its 52-week high of $66.38.
According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 4.4% and a 73.7% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa.
Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $67.25, a 4.0% upside from current levels. In a report issued on January 10, BMO Capital also maintained a Hold rating on the stock.
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