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TipRanksStock Market NewsKBH NewsAnalysts Offer Insights on Consumer Goods Companies: KB Home (KBH) and Nike (NKE)
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Analysts Offer Insights on Consumer Goods Companies: KB Home (KBH) and Nike (NKE)

Analysts fell to the sidelines weighing in on KB Home (KBHResearch Report) and Nike (NKEResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

KB Home (KBH)

In a report issued on June 23, Carl Reichardt from BTIG maintained a Hold rating on KB Home. The company’s shares closed last Monday at $29.30.

According to TipRanks.com, Reichardt is a 2-star analyst with an average return of 0.9% and a 37.5% success rate. Reichardt covers the Consumer Goods sector, focusing on stocks such as Green Brick Partners, Taylor Morrison, and Toll Brothers.

KB Home has an analyst consensus of Moderate Buy, with a price target consensus of $38.83.

See the top stocks recommended by analysts >>

Nike (NKE)

BTIG analyst Camilo Lyon maintained a Hold rating on Nike yesterday. The company’s shares closed last Monday at $110.50, close to its 52-week low of $103.46.

According to TipRanks.com, Lyon ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.7% and a 34.0% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, The Lovesac Company, and Lululemon Athletica.

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $139.24, representing a 24.1% upside. In a report issued on June 22, Seaport Global also downgraded the stock to Hold.

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