Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Mattel (MAT) and Sonoco Products (SON).
Mattel (MAT)
In a report released yesterday, Tim Conder from Wells Fargo maintained a Buy rating on Mattel. The company’s shares closed last Thursday at $8.84.
According to TipRanks.com, Conder is a 2-star analyst with an average return of -1.3% and a 47.7% success rate. Conder covers the Consumer Goods sector, focusing on stocks such as Acushnet Holdings, Harley-Davidson, and Malibu Boats.
Currently, the analyst consensus on Mattel is a Moderate Buy with an average price target of $15.50.
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Sonoco Products (SON)
In a report released yesterday, Gabrial Hajde from Wells Fargo maintained a Hold rating on Sonoco Products. The company’s shares closed last Thursday at $47.67.
According to TipRanks.com, Hajde is a 1-star analyst with an average return of -9.5% and a 17.6% success rate. Hajde covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Crown Holdings, and AptarGroup.
Currently, the analyst consensus on Sonoco Products is a Moderate Buy with an average price target of $54.67, which is an 8.5% upside from current levels. In a report issued on April 8, KeyBanc also maintained a Hold rating on the stock.
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