Analysts' Opinions Are Mixed on These Consumer Goods Stocks: Diageo (OtherDGEAF) and Grupo Bimbo SAB de CV (OtherGRBMF) | Markets Insider
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Diageo (DGEAF – Research Report) and Grupo Bimbo SAB de CV (GRBMF – Research Report).
Diageo (DGEAF)
Kepler Capital analyst Richard Withagen maintained a Buy rating on Diageo on May 19 and set a price target of p2700.00. The company’s shares closed last Tuesday at $29.32.
According to TipRanks.com, Withagen is ranked #6800 out of 9558 analysts.
Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $33.32, representing a 18.1% upside. In a report issued on May 7, Bernstein also maintained a Buy rating on the stock with a £28.50 price target.
Grupo Bimbo SAB de CV (GRBMF)
In a report released yesterday, Ricardo Alves from Morgan Stanley initiated coverage with a Sell rating on Grupo Bimbo SAB de CV and a price target of peso49.00. The company’s shares closed last Tuesday at $2.91.
Alves has an average return of 43.7% when recommending Grupo Bimbo SAB de CV.
According to TipRanks.com, Alves is ranked #3017 out of 9558 analysts.
Currently, the analyst consensus on Grupo Bimbo SAB de CV is a Moderate Sell with an average price target of $2.79.
