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Analysts Offer Insights on Consumer Goods Companies: The Lovesac Company (LOVE), Dollar Tree (DLTR) and Scandinavian Tobacco Group (OtherSNDVF)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on The Lovesac Company (LOVEResearch Report), Dollar Tree (DLTRResearch Report) and Scandinavian Tobacco Group (SNDVFResearch Report) with bullish sentiments.

The Lovesac Company (LOVE)

In a report issued on February 16, Camilo Lyon from BTIG reiterated a Buy rating on The Lovesac Company, with a price target of $113.00. The company’s shares closed last Tuesday at $56.99.

According to TipRanks.com, Lyon has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.4% and a 40.0% success rate. Lyon covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Columbia Sportswear.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Lovesac Company with a $111.50 average price target, a 96.3% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $110.00 price target.

See the top stocks recommended by analysts >>

Dollar Tree (DLTR)

In a report issued on March 8, Krisztina Katai from Deutsche Bank maintained a Buy rating on Dollar Tree, with a price target of $180.00. The company’s shares closed last Tuesday at $158.61, close to its 52-week high of $159.89.

According to TipRanks.com, Katai is a 3-star analyst with an average return of 7.3% and a 70.6% success rate. Katai covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Albertsons Companies, and United Natural Foods.

Dollar Tree has an analyst consensus of Strong Buy, with a price target consensus of $173.33, which is a 9.2% upside from current levels. In a report issued on March 9, Loop Capital Markets also upgraded the stock to Buy with a $200.00 price target.

Scandinavian Tobacco Group (SNDVF)

In a report issued on March 8, Gerry Galagher from Deutsche Bank maintained a Buy rating on Scandinavian Tobacco Group, with a price target of DKK175.00. The company’s shares closed last Friday at $22.00, equals to its 52-week high of $22.00.

Galagher has an average return of 3.6% when recommending Scandinavian Tobacco Group.

According to TipRanks.com, Galagher is ranked #2959 out of 7928 analysts.

Currently, the analyst consensus on Scandinavian Tobacco Group is a Moderate Buy with an average price target of $27.33.

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