Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Nike inc (NKE), Badger Meter (BMI) and Sonoco Products (SON).
Nike inc (NKE)
In a report released today, Michael Binetti from Credit Suisse maintained a Buy rating on Nike inc, with a price target of $112.00. The company’s shares closed last Monday at $95.12, close to its 52-week high of $95.89.
According to TipRanks.com, Binetti is a 5-star analyst with an average return of 9.0% and a 58.7% success rate. Binetti covers the Services sector, focusing on stocks such as Ralph Lauren Corp, Foot Locker Inc, and Ulta Beauty Inc.
Currently, the analyst consensus on Nike inc is a Moderate Buy with an average price target of $102.41, representing an 8.0% upside. In a report issued on October 7, Deutsche Bank also maintained a Buy rating on the stock with a $105.00 price target.
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Badger Meter (BMI)
Robert W. Baird analyst Richard Eastman maintained a Hold rating on Badger Meter today and set a price target of $52.00. The company’s shares closed last Monday at $57.51.
According to TipRanks.com, Eastman is a 5-star analyst with an average return of 16.9% and a 77.9% success rate. Eastman covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Cognex Corp, and Zebra Tech.
Currently, the analyst consensus on Badger Meter is a Moderate Buy with an average price target of $56.00.
Sonoco Products (SON)
In a report released today, Ghansham Panjabi from Robert W. Baird maintained a Buy rating on Sonoco Products, with a price target of $65.00. The company’s shares closed last Monday at $56.67.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 14.1% and a 75.2% success rate. Panjabi covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and RPM International.
Currently, the analyst consensus on Sonoco Products is a Moderate Buy with an average price target of $70.00.
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