Analysts Conflicted on These Consumer Goods Names: Coca-Cola (KO) and Loblaw Companies (OtherLBLCF) | Markets Insider
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Coca-Cola (KO – Research Report) and Loblaw Companies (LBLCF – Research Report).
Coca-Cola (KO)
Goldman Sachs analyst Bonnie Herzog maintained a Hold rating on Coca-Cola on February 18 and set a price target of $65.00. The company’s shares closed last Friday at $71.35, close to its 52-week high of $73.53.
According to TipRanks.com, Herzog is a 4-star analyst with an average return of 4.7% and a 57.0% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Constellation Brands, and Procter & Gamble.
Currently, the analyst consensus on Coca-Cola is a Strong Buy with an average price target of $75.06.
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Loblaw Companies (LBLCF)
CIBC analyst Mark Petrie maintained a Buy rating on Loblaw Companies on February 21 and set a price target of C$208.00. The company’s shares closed last Friday at $123.27.
According to TipRanks.com, Petrie is a 5-star analyst with an average return of 15.0% and a 63.9% success rate. Petrie covers the NA sector, focusing on stocks such as Canadian Tire, Dollarama, and Aritzia.
Currently, the analyst consensus on Loblaw Companies is a Moderate Buy with an average price target of $140.92, a 14.0% upside from current levels. In a report issued on February 21, UBS also maintained a Buy rating on the stock with a C$210.00 price target.
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