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Analysts Offer Insights on Consumer Goods Companies: JM Smucker (SJM), Dick’s Sporting Goods (DKS) and Nordstrom (JWN)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on JM Smucker (SJMResearch Report), Dick’s Sporting Goods (DKSResearch Report) and Nordstrom (JWNResearch Report).

JM Smucker (SJM)

Morgan Stanley analyst Pamela Kaufman maintained a Sell rating on JM Smucker today and set a price target of $132.00. The company’s shares closed last Tuesday at $142.35, close to its 52-week high of $146.74.

According to TipRanks.com, Kaufman is a 4-star analyst with an average return of 8.5% and a 60.0% success rate. Kaufman covers the Consumer Goods sector, focusing on stocks such as Simply Good Foods, Conagra Brands, and Campbell Soup.

JM Smucker has an analyst consensus of Hold, with a price target consensus of $139.90, representing a -0.9% downside. In a report issued on August 18, UBS also maintained a Sell rating on the stock with a $122.00 price target.

See the top stocks recommended by analysts >>

Dick’s Sporting Goods (DKS)

Morgan Stanley analyst Simeon Gutman maintained a Buy rating on Dick’s Sporting Goods today and set a price target of $125.00. The company’s shares closed last Tuesday at $111.14.

According to TipRanks.com, Gutman is a 2-star analyst with an average return of -0.4% and a 57.7% success rate. Gutman covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Academy Sports and Outdoors, and National Vision Holdings.

Currently, the analyst consensus on Dick’s Sporting Goods is a Moderate Buy with an average price target of $122.39, a 7.7% upside from current levels. In a report issued on August 17, Cowen & Co. also maintained a Buy rating on the stock with a $128.00 price target.

Nordstrom (JWN)

BMO Capital analyst Simeon Siegel maintained a Hold rating on Nordstrom today and set a price target of $24.00. The company’s shares closed last Tuesday at $23.20.

According to TipRanks.com, Siegel is a 4-star analyst with an average return of 6.5% and a 53.3% success rate. Siegel covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Revolve Group.

Currently, the analyst consensus on Nordstrom is a Hold with an average price target of $22.50, representing a -3.3% downside. In a report issued on August 16, Deutsche Bank also maintained a Hold rating on the stock with a $28.00 price target.

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