There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Amazon (AMZN – Research Report) and Australian Vintage Ltd (AUVGF – Research Report) with bullish sentiments.
In a report released yesterday, Nicholas Jones CFA from JMP Securities maintained a Buy rating on Amazon, with a price target of $140.00. The company’s shares closed last Tuesday at $92.42, close to its 52-week low of $85.87.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amazon with a $139.88 average price target, implying a 48.7% upside from current levels. In a report issued on November 15, MoffettNathanson also initiated coverage with a Buy rating on the stock with a $118.00 price target.
Australian Vintage Ltd (AUVGF)
Moelis analyst David Meehan maintained a Buy rating on Australian Vintage Ltd on November 25 and set a price target of A$0.81. The company’s shares closed last Thursday at $0.51.
According to TipRanks.com, Meehan is ranked #5416 out of 8141 analysts.
Currently, the analyst consensus on Australian Vintage Ltd is a Moderate Buy with an average price target of $0.54.
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