Analysts Conflicted on These Consumer Goods Names: Nike inc (NKE), Badger Meter (BMI) and Sonoco Products (SON)


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.

See today’s analyst top recommended stocks >>

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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