Analysts Offer Insights on Consumer Goods Companies: VF (VFC) and Dollarama (OtherDLMAF)
There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on VF (VFC) and Dollarama (DLMAF) with bullish sentiments.
In a report issued on May 21, Beth Reed from RBC Capital maintained a Buy rating on VF, with a price target of $95.00. The company’s shares closed last Friday at $77.24.
According to TipRanks.com, Reed is a 2-star analyst with an average return of 1.3% and a 30.8% success rate. Reed covers the Consumer Goods sector, focusing on stocks such as Burlington Stores, Abercrombie Fitch, and Urban Outfitters.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for VF with a $101.20 average price target, a 26.1% upside from current levels. In a report issued on May 14, Deutsche Bank also maintained a Buy rating on the stock with a $101.00 price target.
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RBC Capital analyst Irene Nattel maintained a Buy rating on Dollarama on May 20 and set a price target of C$68.00. The company’s shares closed last Thursday at $45.02, close to its 52-week high of $46.90.
According to TipRanks.com, Nattel is a 4-star analyst with an average return of 10.0% and a 64.6% success rate. Nattel covers the Consumer Goods sector, focusing on stocks such as Alimentation Couche Tard, Loblaw Companies, and Casey’s General.
Dollarama has an analyst consensus of Moderate Buy, with a price target consensus of $53.48.
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