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Analysts Offer Insights on Consumer Goods Companies: Colgate-Palmolive (CL) and PulteGroup (PHM)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Colgate-Palmolive (CLResearch Report) and PulteGroup (PHMResearch Report) with bullish sentiments.

Colgate-Palmolive (CL)

In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on Colgate-Palmolive, with a price target of $95.00. The company’s shares closed last Friday at $77.05.

According to TipRanks.com, Ottenstein is a 2-star analyst with an average return of 0.2% and a 51.0% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa.

Colgate-Palmolive has an analyst consensus of Moderate Buy, with a price target consensus of $85.79, which is a 10.4% upside from current levels. In a report issued on April 19, UBS also maintained a Buy rating on the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

PulteGroup (PHM)

Evercore ISI analyst Stephen Kim maintained a Buy rating on PulteGroup yesterday and set a price target of $76.00. The company’s shares closed last Friday at $41.76, close to its 52-week low of $39.61.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 9.1% and a 56.7% success rate. Kim covers the Consumer Goods sector, focusing on stocks such as M.D.C. Holdings, Toll Brothers, and Tri Pointe.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PulteGroup with a $58.17 average price target, a 33.0% upside from current levels. In a report issued on April 25, Bank of America Securities also maintained a Buy rating on the stock with a $50.00 price target.

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