Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Mohawk Industries (MHK), Hexcel (HXL) and Colgate-Palmolive (CL)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Mohawk Industries (MHK), Hexcel (HXL) and Colgate-Palmolive (CL).

Mohawk Industries (MHK)

Barclays analyst Matthew Bouley maintained a Buy rating on Mohawk Industries on July 29 and set a price target of $143. The company’s shares closed yesterday at $124.69.

According to TipRanks.com, Bouley is a 4-star analyst with an average return of 9.3% and a 57.7% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Cornerstone Building Brands Inc, Continental Building Products, and Advanced Drainage Systems.

Currently, the analyst consensus on Mohawk Industries is a Hold with an average price target of $137.75, a 10.5% upside from current levels. In a report issued on July 26, Nomura also maintained a Buy rating on the stock with a $167 price target.

See today’s analyst top recommended stocks >>

Hexcel (HXL)

Barclays analyst David E. Strauss maintained a Hold rating on Hexcel on July 29 and set a price target of $85. The company’s shares closed yesterday at $81.76, close to its 52-week high of $85.63.

According to TipRanks.com, Strauss is a 4-star analyst with an average return of 6.5% and a 61.2% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, Transdigm Group Inc, and Boeing.

Hexcel has an analyst consensus of Moderate Buy, with a price target consensus of $83.71, representing a 2.4% upside. In a report issued on July 15, Credit Suisse also maintained a Hold rating on the stock with a $72 price target.

Colgate-Palmolive (CL)

Barclays analyst Lauren Lieberman maintained a Hold rating on Colgate-Palmolive on July 29 and set a price target of $70. The company’s shares closed yesterday at $71.74.

According to TipRanks.com, Lieberman is a 3-star analyst with an average return of 1.8% and a 55.9% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Constellation Brands Inc, and Edgewell Personal Care.

Currently, the analyst consensus on Colgate-Palmolive is a Moderate Buy with an average price target of $75, which is a 4.5% upside from current levels. In a report issued on July 15, Morgan Stanley also maintained a Hold rating on the stock with a $72 price target.

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