tiprankstipranks
Blurbs

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Campbell Soup (CPB), Costco (COST) and Chewy (CHWY)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Campbell Soup (CPBResearch Report), Costco (COSTResearch Report) and Chewy (CHWYResearch Report).

Campbell Soup (CPB)

In a report released yesterday, Kenneth Goldman from J.P. Morgan maintained a Hold rating on Campbell Soup, with a price target of $45.00. The company’s shares closed last Thursday at $45.75.

According to TipRanks.com, Goldman is a 5-star analyst with an average return of 10.1% and a 60.9% success rate. Goldman covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Albertsons Companies, and The Hershey Company.

Campbell Soup has an analyst consensus of Hold, with a price target consensus of $45.88, implying a -2.1% downside from current levels. In a report issued on June 1, Deutsche Bank also maintained a Hold rating on the stock with a $47.00 price target.

See the top stocks recommended by analysts >>

Costco (COST)

J.P. Morgan analyst Christopher Horvers maintained a Buy rating on Costco today and set a price target of $531.00. The company’s shares closed last Thursday at $487.61.

According to TipRanks.com, Horvers is a 5-star analyst with an average return of 9.5% and a 64.6% success rate. Horvers covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Academy Sports and Outdoors, and Floor & Decor Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Costco with a $575.05 average price target, which is a 24.8% upside from current levels. In a report issued on May 30, BMO Capital also reiterated a Buy rating on the stock with a $580.00 price target.

Chewy (CHWY)

In a report released yesterday, Doug Anmuth from J.P. Morgan maintained a Buy rating on Chewy, with a price target of $56.00. The company’s shares closed last Thursday at $29.18, close to its 52-week low of $22.22.

According to TipRanks.com, Anmuth is a 5-star analyst with an average return of 16.7% and a 58.4% success rate. Anmuth covers the Technology sector, focusing on stocks such as Spotify Technology SA, Fiverr International, and Alphabet Class A.

Chewy has an analyst consensus of Moderate Buy, with a price target consensus of $49.94, implying an 84.3% upside from current levels. In a report issued on May 27, Wolfe Research also maintained a Buy rating on the stock with a $32.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on CPB:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed