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Analysts Offer Insights on Consumer Goods Companies: Bed Bath & Beyond (BBBY), Constellation Brands (STZ) and Simply Good Foods (SMPL)

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Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Bed Bath & Beyond (BBBYResearch Report), Constellation Brands (STZResearch Report) and Simply Good Foods (SMPLResearch Report).

Bed Bath & Beyond (BBBY)

UBS analyst Michael Lasser maintained a Sell rating on Bed Bath & Beyond today and set a price target of $13.00. The company’s shares closed last Tuesday at $14.36, close to its 52-week low of $13.38.

According to TipRanks.com, Lasser is a 5-star analyst with an average return of 15.6% and a 68.9% success rate. Lasser covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Dick’s Sporting Goods.

Bed Bath & Beyond has an analyst consensus of Moderate Sell, with a price target consensus of $16.38.

See the top stocks recommended by analysts >>

Constellation Brands (STZ)

In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Constellation Brands, with a price target of $300.00. The company’s shares closed last Tuesday at $255.00.

According to TipRanks.com, Carey is a 4-star analyst with an average return of 9.5% and a 58.6% success rate. Carey covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Edgewell Personal Care.

Currently, the analyst consensus on Constellation Brands is a Strong Buy with an average price target of $271.43, which is a 7.2% upside from current levels. In a report issued on December 31, Barclays also maintained a Buy rating on the stock with a $271.00 price target.

Simply Good Foods (SMPL)

In a report released today, Ben Bienvenu from Stephens maintained a Hold rating on Simply Good Foods, with a price target of $41.00. The company’s shares closed last Tuesday at $42.83.

According to TipRanks.com, Bienvenu is a 3-star analyst with an average return of 6.1% and a 57.7% success rate. Bienvenu covers the Consumer Goods sector, focusing on stocks such as Hostess Brands, Flowers Foods, and Tyson Foods.

Currently, the analyst consensus on Simply Good Foods is a Moderate Buy with an average price target of $42.60.

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