Analysts Are Bullish on Top Consumer Goods Stocks: Monster Beverage (MNST), Albertsons Companies (ACI)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Monster Beverage (MNSTResearch Report) and Albertsons Companies (ACIResearch Report) with bullish sentiments.

Monster Beverage (MNST)

RBC Capital analyst Nik Modi maintained a Buy rating on Monster Beverage on January 12 and set a price target of $104.00. The company’s shares closed last Thursday at $94.37.

According to TipRanks.com, Modi is a 5-star analyst with an average return of 14.8% and a 75.0% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Spectrum Brands Holdings, and Mondelez International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monster Beverage with a $107.10 average price target, representing a 13.5% upside. In a report issued on January 4, Goldman Sachs also reiterated a Buy rating on the stock with a $109.00 price target.

See the top stocks recommended by analysts >>

Albertsons Companies (ACI)

RBC Capital analyst Steven Shemesh maintained a Buy rating on Albertsons Companies on January 12 and set a price target of $33.00. The company’s shares closed last Thursday at $30.98.

According to TipRanks.com, Shemesh is a 1-star analyst with an average return of -12.4% and a 0.0% success rate. Shemesh covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Williams-Sonoma, and CarMax.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albertsons Companies with a $33.60 average price target, representing a 12.0% upside. In a report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a $40.00 price target.

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