tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Goods Companies: Trigano SA (OtherTGNOF), Best Buy Co (BBY) and Coty (COTY)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Trigano SA (TGNOFResearch Report), Best Buy Co (BBYResearch Report) and Coty (COTYResearch Report).

Best Buy Co (BBY)

Morgan Stanley analyst Simeon Gutman maintained a Hold rating on Best Buy Co today and set a price target of $110.00. The company’s shares closed last Tuesday at $97.95, close to its 52-week low of $94.54.

According to TipRanks.com, Gutman is a 1-star analyst with an average return of -0.3% and a 60.0% success rate. Gutman covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Bj’s Wholesale Club Holdings, and Floor & Decor Holdings.

Currently, the analyst consensus on Best Buy Co is a Moderate Buy with an average price target of $133.25, representing a 34.9% upside. In a report issued on January 12, Truist Financial also initiated coverage with a Hold rating on the stock with a $108.00 price target.

Coty (COTY)

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on Coty, with a price target of $11.00. The company’s shares closed last Tuesday at $8.74.

According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 6.8% and a 65.9% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Constellation Brands, and Energizer Holdings.

Currently, the analyst consensus on Coty is a Moderate Buy with an average price target of $13.35, implying a 50.0% upside from current levels. In a report issued on January 5, Wells Fargo also maintained a Hold rating on the stock with a $11.00 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.

Read More on TGNOF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed