tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Goods Companies: Constellation Brands (STZ), Performance Food Group (PFGC) and ACV Auctions (ACVA)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Constellation Brands (STZResearch Report), Performance Food Group (PFGCResearch Report) and ACV Auctions (ACVAResearch Report) with bullish sentiments.

Constellation Brands (STZ)

Jefferies analyst Kevin Grundy reiterated a Buy rating on Constellation Brands yesterday and set a price target of $305.00. The company’s shares closed last Wednesday at $245.96.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 4.5% and a 64.0% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Duckhorn Portfolio, Procter & Gamble, and Celsius Holdings.

Currently, the analyst consensus on Constellation Brands is a Moderate Buy with an average price target of $272.85.

See the top stocks recommended by analysts >>

Performance Food Group (PFGC)

In a report released yesterday, Alexander Slagle from Jefferies reiterated a Buy rating on Performance Food Group, with a price target of $64.00. The company’s shares closed last Wednesday at $43.14.

According to TipRanks.com, Slagle is a 4-star analyst with an average return of 7.7% and a 58.5% success rate. Slagle covers the Services sector, focusing on stocks such as Brinker International, BJ’s Restaurants, and Bloomin’ Brands.

Performance Food Group has an analyst consensus of Strong Buy, with a price target consensus of $62.40, implying a 44.6% upside from current levels. In a report issued on May 3, Wells Fargo also maintained a Buy rating on the stock.

ACV Auctions (ACVA)

Jefferies analyst John Colantuoni maintained a Buy rating on ACV Auctions yesterday and set a price target of $22.00. The company’s shares closed last Wednesday at $8.20, close to its 52-week low of $8.19.

According to TipRanks.com, Colantuoni is ranked 0 out of 5 stars with an average return of -24.9% and a 21.7% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as Mercadolibre, Carvana Co, and Vroom.

ACV Auctions has an analyst consensus of Strong Buy, with a price target consensus of $21.00, a 156.1% upside from current levels. In a report issued on May 5, J.P. Morgan also maintained a Buy rating on the stock with a $17.00 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 STZ:

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