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Analysts Are Bullish on Top Consumer Goods Stocks: Hanesbrands (HBI), Ford Motor (F)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Hanesbrands (HBIResearch Report) and Ford Motor (FResearch Report) with bullish sentiments.

Hanesbrands (HBI)

Credit Suisse analyst Michael Binetti maintained a Buy rating on Hanesbrands yesterday and set a price target of $23.00. The company’s shares closed last Friday at $15.72, close to its 52-week low of $14.99.

According to TipRanks.com, Binetti is a 5-star analyst with an average return of 10.4% and a 57.8% success rate. Binetti covers the Consumer Goods sector, focusing on stocks such as aka Brands Holding Corp, Canada Goose Holdings, and Brilliant Earth Group.

Hanesbrands has an analyst consensus of Strong Buy, with a price target consensus of $20.75, representing a 33.5% upside. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $20.00 price target.

See the top stocks recommended by analysts >>

Ford Motor (F)

Credit Suisse analyst Dan Levy maintained a Buy rating on Ford Motor yesterday and set a price target of $25.00. The company’s shares closed last Friday at $17.96.

According to TipRanks.com, Levy is ranked #1322 out of 7779 analysts.

Ford Motor has an analyst consensus of Moderate Buy, with a price target consensus of $23.56, implying a 27.2% upside from current levels. In a report issued on January 26, J.P. Morgan also maintained a Buy rating on the stock with a $23.00 price target.

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