Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on McCormick & Company (MKC) and Bed Bath & Beyond (BBBY).
McCormick & Company (MKC)
Jefferies analyst Robert Dickerson maintained a Hold rating on McCormick & Company on September 29 and set a price target of $190.00. The company’s shares closed last Thursday at $193.21.
According to TipRanks.com, Dickerson is a 2-star analyst with an average return of 0.8% and a 48.3% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as The Simply Good Foods Company, Mondelez International, and Lamb Weston Holdings.
McCormick & Company has an analyst consensus of Moderate Buy, with a price target consensus of $201.67.
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Bed Bath & Beyond (BBBY)
Wells Fargo analyst Zachary Fadem reiterated a Sell rating on Bed Bath & Beyond today and set a price target of $17.00. The company’s shares closed last Thursday at $19.96.
According to TipRanks.com, Fadem is a top 100 analyst with an average return of 31.0% and a 78.6% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Floor & Decor Holdings, and Advance Auto Parts.
The word on The Street in general, suggests a Hold analyst consensus rating for Bed Bath & Beyond with a $11.77 average price target.
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