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Analysts Conflicted on These Consumer Goods Names: Bed Bath & Beyond (BBBY), Church & Dwight (CHD) and Nike (NKE)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Bed Bath & Beyond (BBBYResearch Report), Church & Dwight (CHDResearch Report) and Nike (NKEResearch Report).

Bed Bath & Beyond (BBBY)

KeyBanc analyst Bradley Thomas maintained a Sell rating on Bed Bath & Beyond today and set a price target of $5.00. The company’s shares closed last Monday at $6.75, close to its 52-week low of $5.95.

According to TipRanks.com, Thomas is a 5-star analyst with an average return of 11.5% and a 58.0% success rate. Thomas covers the Consumer Goods sector, focusing on stocks such as Tempur Sealy, Five Below, and Home Depot.

Currently, the analyst consensus on Bed Bath & Beyond is a Moderate Sell with an average price target of $6.50, which is a -4.0% downside from current levels. In a report issued on June 22, UBS also maintained a Sell rating on the stock with a $5.00 price target.

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Church & Dwight (CHD)

Wells Fargo analyst Christopher Carey maintained a Buy rating on Church & Dwight today and set a price target of $100.00. The company’s shares closed last Monday at $91.89.

According to TipRanks.com, Carey is a 3-star analyst with an average return of 4.0% and a 50.4% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Constellation Brands.

Currently, the analyst consensus on Church & Dwight is a Hold with an average price target of $93.50.

Nike (NKE)

In a report released today, Kate Fitzsimons from Wells Fargo maintained a Buy rating on Nike, with a price target of $130.00. The company’s shares closed last Monday at $110.50, close to its 52-week low of $103.46.

According to TipRanks.com, Fitzsimons is a 4-star analyst with an average return of 4.8% and a 53.0% success rate. Fitzsimons covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Dick’s Sporting Goods, and Deckers Outdoor.

Nike has an analyst consensus of Moderate Buy, with a price target consensus of $134.43, implying a 19.8% upside from current levels. In a report issued on June 15, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $159.00 price target.

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