Analysts Offer Insights on Consumer Goods Companies: and Vroom (VRM)
There’s a lot to be optimistic about in the Consumer Goods sector as 1 analysts just weighed in on and Vroom (VRM) with bullish sentiments.
Stifel Nicolaus analyst Scott Devitt maintained a Buy rating on Vroom on February 16 and set a price target of $65.00. The company’s shares closed last Monday at $47.68.
According to TipRanks.com, Devitt is a top 100 analyst with an average return of 36.4% and a 72.4% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Uber Technologies, and Alphabet Class A.
Vroom has an analyst consensus of Moderate Buy, with a price target consensus of $55.75, a 14.7% upside from current levels. In a report issued on February 16, Wells Fargo also maintained a Buy rating on the stock with a $55.00 price target.
See today’s analyst top recommended stocks >>
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.