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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Mercadolibre (MELI), Bayerische Motoren Werke Aktiengesellschaft (OtherBAMXF) and Kellogg (K)

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Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Mercadolibre (MELIResearch Report), Bayerische Motoren Werke Aktiengesellschaft (BAMXFResearch Report) and Kellogg (KResearch Report).

Mercadolibre (MELI)

In a report issued on May 6, Trevor Young from Barclays maintained a Buy rating on Mercadolibre, with a price target of $1500.00. The company’s shares closed last Friday at $927.55, close to its 52-week low of $858.99.

According to TipRanks.com, Young is ranked #4762 out of 7884 analysts.

Mercadolibre has an analyst consensus of Strong Buy, with a price target consensus of $1432.00, implying a 49.2% upside from current levels. In a report issued on April 24, Stifel Nicolaus also maintained a Buy rating on the stock with a $1400.00 price target.

See the top stocks recommended by analysts >>

Bayerische Motoren Werke Aktiengesellschaft (BAMXF)

Barclays analyst Erwann Dagorne maintained a Hold rating on Bayerische Motoren Werke Aktiengesellschaft on May 6 and set a price target of EUR100.00. The company’s shares closed last Thursday at $83.00, close to its 52-week low of $76.50.

Dagorne has an average return of 0.8% when recommending Bayerische Motoren Werke Aktiengesellschaft.

According to TipRanks.com, Dagorne is ranked #6963 out of 7884 analysts.

Bayerische Motoren Werke Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $108.03, a 29.3% upside from current levels. In a report issued on April 21, Kepler Capital also upgraded the stock to Hold with a EUR85.00 price target.

Kellogg (K)

In a report issued on May 6, Andrew Lazar from Barclays maintained a Sell rating on Kellogg, with a price target of $73.00. The company’s shares closed last Friday at $72.73, close to its 52-week high of $73.30.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 4.0% and a 56.1% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and TreeHouse Foods.

Currently, the analyst consensus on Kellogg is a Hold with an average price target of $71.23, a 1.4% upside from current levels. In a report issued on May 3, Piper Sandler also downgraded the stock to Sell with a $62.00 price target.

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