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Analysts Offer Insights on Consumer Goods Companies: Mohawk (MHK) and Molson Coors (TAP)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Mohawk (MHKResearch Report) and Molson Coors (TAPResearch Report).

Mohawk (MHK)

In a report released yesterday, Michael Rehaut from J.P. Morgan maintained a Buy rating on Mohawk, with a price target of $216.00. The company’s shares closed last Tuesday at $148.32, close to its 52-week low of $143.25.

According to TipRanks.com, Rehaut is a 3-star analyst with an average return of 2.6% and a 52.6% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Century Communities, and M.D.C. Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Mohawk with a $176.11 average price target, implying a 20.3% upside from current levels. In a report issued on February 14, Raymond James also maintained a Buy rating on the stock with a $220.00 price target.

See the top stocks recommended by analysts >>

Molson Coors (TAP)

J.P. Morgan analyst Andrea Faria Teixeira maintained a Sell rating on Molson Coors yesterday and set a price target of $44.00. The company’s shares closed last Tuesday at $49.52.

According to TipRanks.com, Teixeira is a 2-star analyst with an average return of 0.6% and a 50.9% success rate. Teixeira covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Reynolds Consumer Products, and Constellation Brands.

The word on The Street in general, suggests a Hold analyst consensus rating for Molson Coors with a $54.83 average price target.

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