Blurbs

Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: CarMax (KMX) and Conagra Brands (CAG)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on CarMax (KMXResearch Report) and Conagra Brands (CAGResearch Report).

CarMax (KMX)

In a report released today, Michael Montani from Evercore ISI maintained a Hold rating on CarMax, with a price target of $115.00. The company’s shares closed last Wednesday at $102.06, close to its 52-week low of $96.39.

According to TipRanks.com, Montani is a 3-star analyst with an average return of 5.9% and a 52.2% success rate. Montani covers the Consumer Goods sector, focusing on stocks such as Albertsons Companies, Kroger Company, and Dollar General.

CarMax has an analyst consensus of Moderate Buy, with a price target consensus of $145.00, which is a 43.7% upside from current levels. In a report issued on March 11, Wedbush also maintained a Hold rating on the stock with a $95.00 price target.

See the top stocks recommended by analysts >>

Conagra Brands (CAG)

In a report released today, David Palmer from Evercore ISI maintained a Buy rating on Conagra Brands, with a price target of $40.00. The company’s shares closed last Wednesday at $31.63.

According to TipRanks.com, Palmer is a 4-star analyst with an average return of 7.0% and a 61.3% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Hain Celestial, and Hostess Brands.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conagra Brands with a $37.50 average 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 KMX:

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
Videos
Videos

Latest News Feed