There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on PVH (PVH) and Tyson Foods (TSN) with bullish sentiments.
PVH (PVH)
In a report released today, Erinn Murphy from Piper Sandler maintained a Buy rating on PVH, with a price target of $60.00. The company’s shares closed last Thursday at $33.00, close to its 52-week low of $28.40.
According to TipRanks.com, Murphy ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.9% and a 42.7% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Lululemon Athletica, and Steven Madden.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PVH with a $72.73 average price target, representing a 107.8% upside. In a report issued on March 18, Merrill Lynch also maintained a Buy rating on the stock with a $60.00 price target.
See today’s analyst top recommended stocks >>
Tyson Foods (TSN)
In a report released today, Kenneth Goldman from J.P. Morgan maintained a Buy rating on Tyson Foods, with a price target of $64.00. The company’s shares closed last Thursday at $53.72.
According to TipRanks.com, Goldman is a 5-star analyst with an average return of 6.8% and a 58.8% success rate. Goldman covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Darling Ingredients, and Sanderson Farms.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tyson Foods with a $89.33 average price target.
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.
