Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Scotts Miracle-Gro Company (SMG) and Crocs (CROX).
Scotts Miracle-Gro Company (SMG)
In a report released yesterday, Christopher Carey from Merrill Lynch reiterated a Sell rating on Scotts Miracle-Gro Company, with a price target of $96. The company’s shares opened today at $109.01, close to its 52-week high of $114.63.
According to TipRanks.com, Carey is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.4% and a 32.4% success rate. Carey covers the Healthcare sector, focusing on stocks such as CannTrust Holdings Inc, Aurora Cannabis Inc, and HEXO Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Scotts Miracle-Gro Company with a $101.50 average price target.
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Crocs (CROX)
Susquehanna analyst Sam Poser reiterated a Buy rating on Crocs today and set a price target of $38. The company’s shares opened today at $24.44.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 3.6% and a 50.8% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
Crocs has an analyst consensus of Strong Buy, with a price target consensus of $29.40, implying a 20.3% upside from current levels. In a report issued on July 24, Pivotal Research also reiterated a Buy rating on the stock with a $35 price target.
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