There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Koninklijke Philips N.V. (PHG) and Airbus Group SE (EADSF) with bullish sentiments.
Koninklijke Philips N.V. (PHG)
Berenberg Bank analyst Scott Bardo maintained a Buy rating on Koninklijke Philips N.V. yesterday and set a price target of EUR48.00. The company’s shares closed last Monday at $41.91.
According to TipRanks.com, Bardo is a 4-star analyst with an average return of 9.2% and a 57.6% success rate. Bardo covers the Healthcare sector, focusing on stocks such as Siemens Healthineers AG, Tecan Group AG, and LivaNova PLC.
Koninklijke Philips N.V. has an analyst consensus of Moderate Buy, with a price target consensus of $52.83.
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Airbus Group SE (EADSF)
In a report released today, Andrew Gollan from Berenberg Bank maintained a Buy rating on Airbus Group SE, with a price target of EUR156.00. The company’s shares closed last Monday at $129.40.
According to TipRanks.com, Gollan is a 4-star analyst with an average return of 12.4% and a 60.4% success rate. Gollan covers the Consumer Goods sector, focusing on stocks such as MTU Aero Engines, BAE Systems plc, and Boeing.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Airbus Group SE with a $155.84 average price target, implying a 20.4% upside from current levels. In a report issued on October 3, Credit Suisse also maintained a Buy rating on the stock with a EUR140.00 price target.
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