Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Activision Blizzard (ATVI), Nestlé SA (NSRGF) and Diageo (DGEAF).
Activision Blizzard (ATVI)
In a report released today, Andrew Marok from Raymond James maintained a Buy rating on Activision Blizzard. The company’s shares closed last Friday at $100.80, close to its 52-week high of $104.53.
Marok has an average return of 37.7% when recommending Activision Blizzard.
According to TipRanks.com, Marok is ranked #1687 out of 7331 analysts.
Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $113.30, a 10.1% upside from current levels. In a report issued on February 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $118.00 price target.
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Nestlé SA (NSRGF)
Jefferies analyst Martin Deboo maintained a Hold rating on Nestlé SA today and set a price target of CHF102.00. The company’s shares closed last Friday at $109.63.
Deboo has an average return of 9.5% when recommending Nestlé SA.
According to TipRanks.com, Deboo is ranked #4123 out of 7331 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nestlé SA with a $127.00 average price target, representing a 10.7% upside. In a report issued on February 12, Credit Suisse also maintained a Hold rating on the stock with a CHF105.00 price target.
Diageo (DGEAF)
Goldman Sachs analyst Olivier Nicolai maintained a Buy rating on Diageo today. The company’s shares closed last Friday at $42.62, close to its 52-week high of $43.07.
Nicolai has an average return of 19.8% when recommending Diageo.
According to TipRanks.com, Nicolai is ranked #3134 out of 7331 analysts.
Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $45.63.
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