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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Designer Brands (DBI) and Chewy (CHWY)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Designer Brands (DBIResearch Report) and Chewy (CHWYResearch Report).

Designer Brands (DBI)

Deutsche Bank analyst Gabriella Carbone maintained a Hold rating on Designer Brands yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $15.35.

According to TipRanks.com, Carbone is ranked 0 out of 5 stars with an average return of -14.3% and a 14.8% success rate. Carbone covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and Burlington Stores.

Designer Brands has an analyst consensus of Hold, with a price target consensus of $18.50.

See today’s best-performing stocks on TipRanks >>

Chewy (CHWY)

In a report released yesterday, Lee Horowitz from Deutsche Bank reiterated a Buy rating on Chewy, with a price target of $35.00. The company’s shares closed last Thursday at $29.18, close to its 52-week low of $22.22.

According to TipRanks.com, Horowitz is a 5-star analyst with an average return of 75.5% and a 57.9% success rate. Horowitz covers the Services sector, focusing on stocks such as Booking Holdings, Expedia, and Airbnb.

Chewy has an analyst consensus of Moderate Buy, with a price target consensus of $49.88, an 84.1% upside from current levels. In a report issued on May 27, Wolfe Research also maintained a Buy rating on the stock with a $32.00 price target.

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