Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Nike (NKE) and Mohawk Industries (MHK).
Nike (NKE)
Evercore ISI analyst Omar Saad maintained a Buy rating on Nike yesterday and set a price target of $150.00. The company’s shares closed last Monday at $89.50.
According to TipRanks.com, Saad is a 4-star analyst with an average return of 7.1% and a 60.0% success rate. Saad covers the Consumer Goods sector, focusing on stocks such as LVMH Moet Hennessy Louis Vuitton SE, Gildan Activewear, and Under Armour.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nike with a $102.65 average price target, a 13.7% upside from current levels. In a report issued on November 5, Raymond James also initiated coverage with a Buy rating on the stock with a $100.00 price target.
See today’s analyst top recommended stocks >>
Mohawk Industries (MHK)
Evercore ISI analyst Stephen Kim maintained a Hold rating on Mohawk Industries yesterday and set a price target of $144.00. The company’s shares closed last Monday at $148.93, close to its 52-week high of $156.60.
Kim has an average return of 24.9% when recommending Mohawk Industries.
According to TipRanks.com, Kim is ranked #291 out of 5660 analysts.
Mohawk Industries has an analyst consensus of Moderate Buy, with a price target consensus of $157.00.
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