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Analysts Offer Insights on Consumer Goods Companies: OneWater Marine (ONEW), Traeger (COOK) and aka Brands Holding Corp (AKA)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on OneWater Marine (ONEWResearch Report), Traeger (COOKResearch Report) and aka Brands Holding Corp (AKAResearch Report).

OneWater Marine (ONEW)

In a report released today, Brett Andress from KeyBanc maintained a Buy rating on OneWater Marine, with a price target of $43.00. The company’s shares closed last Wednesday at $38.94.

According to TipRanks.com, Andress is a 5-star analyst with an average return of 21.6% and a 59.8% success rate. Andress covers the Consumer Goods sector, focusing on stocks such as Patrick Industries, Callaway Golf, and Vista Outdoor.

Currently, the analyst consensus on OneWater Marine is a Strong Buy with an average price target of $49.33, implying a 26.5% upside from current levels. In a report issued on August 4, Robert W. Baird also maintained a Buy rating on the stock with a $60.00 price target.

See the top stocks recommended by analysts >>

Traeger (COOK)

Telsey Advisory analyst Joe Feldman maintained a Hold rating on Traeger today and set a price target of $4.00. The company’s shares closed last Wednesday at $4.00, close to its 52-week low of $2.88.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 10.4% and a 56.7% success rate. Feldman covers the Consumer Goods sector, focusing on stocks such as Grocery Outlet Holding, Dick’s Sporting Goods, and Vintage Wine Estates.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Traeger with a $7.38 average price target, representing a 98.9% upside. In a report released today, Robert W. Baird also downgraded the stock to Hold with a $4.00 price target.

aka Brands Holding Corp (AKA)

In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on aka Brands Holding Corp, with a price target of $3.00. The company’s shares closed last Wednesday at $2.08, close to its 52-week low of $1.80.

According to TipRanks.com, Boruchow is ranked 0 out of 5 stars with an average return of -2.8% and a 40.9% success rate. Boruchow covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and G-III Apparel Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for aka Brands Holding Corp with a $4.03 average price target, implying a 102.5% upside from current levels. In a report issued on August 5, Cowen & Co. also downgraded the stock to Hold with a $2.20 price target.

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