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Analysts Conflicted on These Consumer Goods Names: Amazon (AMZN), Columbia Sportswear (COLM) and Conagra Brands (CAG)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Amazon (AMZNResearch Report), Columbia Sportswear (COLMResearch Report) and Conagra Brands (CAGResearch Report).

Amazon (AMZN)

Stifel Nicolaus analyst Scott Devitt maintained a Buy rating on Amazon today and set a price target of $200.00. The company’s shares closed last Thursday at $122.28.

According to TipRanks.com, Devitt is a 4-star analyst with an average return of 7.4% and a 42.3% success rate. Devitt covers the Technology sector, focusing on stocks such as Zillow Group Class A, Alphabet Class A, and Clear Secure.

Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $171.45, implying a 41.0% upside from current levels. In a report issued on July 26, Itau Unibanco also initiated coverage with a Buy rating on the stock with a $146.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Columbia Sportswear (COLM)

In a report issued on July 27, Camilo Lyon from BTIG maintained a Hold rating on Columbia Sportswear. The company’s shares closed last Thursday at $73.67, close to its 52-week low of $68.29.

According to TipRanks.com, Lyon has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.1% and a 33.2% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and The Lovesac Company.

Currently, the analyst consensus on Columbia Sportswear is a Hold with an average price target of $89.71, a 22.1% upside from current levels. In a report issued on July 15, UBS also maintained a Hold rating on the stock with a $83.00 price target.

Conagra Brands (CAG)

In a report issued on July 27, Stephen Powers from Deutsche Bank maintained a Hold rating on Conagra Brands, with a price target of $32.00. The company’s shares closed last Thursday at $33.99.

According to TipRanks.com, Powers is a 4-star analyst with an average return of 4.9% and a 61.0% success rate. Powers covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International.

Conagra Brands has an analyst consensus of Hold, with a price target consensus of $34.17, representing a 2.6% upside. In a report issued on July 15, Citigroup also maintained a Hold rating on the stock with a $35.00 price target.

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