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Analysts Offer Insights on Consumer Goods Companies: Tempur Sealy (TPX) and Stellantis (STLA)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Tempur Sealy (TPXResearch Report) and Stellantis (STLAResearch Report) with bullish sentiments.

Tempur Sealy (TPX)

Bank of America Securities analyst Curtis Nagle maintained a Buy rating on Tempur Sealy on January 27 and set a price target of $48.00. The company’s shares closed last Friday at $39.86, close to its 52-week high of $42.27.

According to TipRanks.com, Nagle is a 2-star analyst with an average return of 0.6% and a 52.3% success rate. Nagle covers the Consumer Goods sector, focusing on stocks such as Purple Innovation, Wayfair, and Etsy.

Currently, the analyst consensus on Tempur Sealy is a Moderate Buy with an average price target of $40.38, implying a 5.4% upside from current levels. In a report issued on January 12, Goldman Sachs also maintained a Buy rating on the stock with a $42.00 price target.

See the top stocks recommended by analysts >>

Stellantis (STLA)

In a report released today, Adrian Yanoshik from Berenberg Bank maintained a Buy rating on Stellantis, with a price target of EUR18.00. The company’s shares closed last Friday at $15.54.

Yanoshik has an average return of 17.1% when recommending Stellantis.

According to TipRanks.com, Yanoshik is ranked #7852 out of 8305 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stellantis with a $22.52 average price target, which is a 46.9% upside from current levels. In a report issued on January 23, UBS also maintained a Buy rating on the stock with a EUR17.50 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.

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