There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coty (COTY) and O’Reilly Auto (ORLY) with bullish sentiments.
Evercore ISI analyst Robert Ottenstein reiterated a Buy rating on Coty yesterday and set a price target of $15.00. The company’s shares closed last Monday at $9.86, close to its 52-week high of $10.16.
According to TipRanks.com, Ottenstein is a 3-star analyst with an average return of 3.6% and a 60.0% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Duckhorn Portfolio, and Colgate-Palmolive.
Coty has an analyst consensus of Moderate Buy, with a price target consensus of $9.38.
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O’Reilly Auto (ORLY)
In a report released yesterday, Greg Melich from Evercore ISI maintained a Buy rating on O’Reilly Auto. The company’s shares closed last Monday at $526.19, close to its 52-week high of $539.82.
According to TipRanks.com, Melich is a 3-star analyst with an average return of 9.3% and a 61.1% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Advance Auto Parts, and Walmart.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for O’Reilly Auto with a $567.89 average price target, a 7.0% upside from current levels. In a report issued on April 19, Wells Fargo also maintained a Buy rating on the stock with a $600.00 price target.
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