Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on General Motors (GM), Electronic Arts (EA) and Gap (GPS).
General Motors (GM)
In a report issued on April 27, Joseph Spak from RBC Capital maintained a Buy rating on General Motors, with a price target of $33.00. The company’s shares closed last Thursday at $22.79.
According to TipRanks.com, Spak is ranked 0 out of 5 stars with an average return of -4.9% and a 46.7% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as Delphi Technologies, Tenneco Automotive, and Garrett Motion.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $33.92 average price target.
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Electronic Arts (EA)
In a report issued on April 28, Andrew Marok from Nomura maintained a Buy rating on Electronic Arts, with a price target of $120.00. The company’s shares closed last Thursday at $113.91, close to its 52-week high of $118.70.
Marok has an average return of 13.5% when recommending Electronic Arts.
According to TipRanks.com, Marok is ranked #1849 out of 6561 analysts.
Electronic Arts has an analyst consensus of Moderate Buy, with a price target consensus of $119.81, implying a 6.5% upside from current levels. In a report issued on April 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $128.00 price target.
Gap (GPS)
RBC Capital analyst Kate Fitzsimons maintained a Hold rating on Gap on April 28 and set a price target of $8.00. The company’s shares closed last Thursday at $8.52, close to its 52-week low of $5.27.
According to TipRanks.com, Fitzsimons has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -19.6% and a 30.2% success rate. Fitzsimons covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Abercrombie Fitch.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Gap with a $9.53 average price target, which is an 8.8% upside from current levels. In a report issued on April 23, Morgan Stanley also upgraded the stock to Hold with a $10.00 price target.
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