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Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (STZ), Ferrari (RACE) and PUMA SE NPV (OtherPMMAF)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Constellation Brands (STZResearch Report), Ferrari (RACEResearch Report) and PUMA SE NPV (PMMAFResearch Report) with bullish sentiments.

Constellation Brands (STZ)

In a report issued on June 23, Andrea Faria Teixeira from J.P. Morgan maintained a Buy rating on Constellation Brands, with a price target of $268.00. The company’s shares closed last Friday at $245.50.

According to TipRanks.com, Teixeira is a 1-star analyst with an average return of -2.9% and a 47.1% success rate. Teixeira covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Energizer Holdings.

Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $272.36, a 12.7% upside from current levels. In a report issued on June 8, Wells Fargo also maintained a Buy rating on the stock with a $280.00 price target.

See the top stocks recommended by analysts >>

Ferrari (RACE)

RBC Capital analyst Tom Narayan maintained a Buy rating on Ferrari on June 22 and set a price target of EUR260.00. The company’s shares closed last Friday at $191.94.

According to TipRanks.com, Narayan is a 2-star analyst with an average return of 0.2% and a 34.4% success rate. Narayan covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $234.51 average price target, a 25.6% upside from current levels. In a report issued on June 10, Credit Suisse also reiterated a Buy rating on the stock with a $285.00 price target.

PUMA SE NPV (PMMAF)

In a report issued on June 24, Volker Bosse from Baader Bank maintained a Buy rating on PUMA SE NPV, with a price target of EUR72.00. The company’s shares closed last Friday at $70.65, close to its 52-week low of $62.08.

Bosse has an average return of 9.5% when recommending PUMA SE NPV.

According to TipRanks.com, Bosse is ranked #7079 out of 7911 analysts.

Currently, the analyst consensus on PUMA SE NPV is a Strong Buy with an average price target of $109.87, which is a 55.5% upside from current levels. In a report issued on June 12, J.P. Morgan also maintained a Buy rating on the stock with a EUR110.00 price target.

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