There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Revolve Group (RVLV – Research Report), The Estée Lauder Companies (EL – Research Report) and Molson Coors (TAP – Research Report) with bullish sentiments.
Revolve Group (RVLV)
Jefferies analyst Randal Konik reiterated a Buy rating on Revolve Group today and set a price target of $95.00. The company’s shares closed last Tuesday at $43.51, close to its 52-week low of $38.82.
According to TipRanks.com, Konik is a 5-star analyst with an average return of
Currently, the analyst consensus on Revolve Group is a Strong Buy with an average price target of $60.29, implying a 38.9% upside from current levels. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $52.00 price target.
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The Estée Lauder Companies (EL)
In a report released yesterday, Stephanie Wissink from Jefferies maintained a Buy rating on The Estée Lauder Companies, with a price target of $305.00. The company’s shares closed last Tuesday at $245.52, close to its 52-week low of $227.49.
According to TipRanks.com, Wissink is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Estée Lauder Companies with a $310.20 average price target, a 36.4% upside from current levels. In a report released today, D.A. Davidson also maintained a Buy rating on the stock with a $342.00 price target.
Molson Coors (TAP)
Jefferies analyst Kevin Grundy maintained a Buy rating on Molson Coors yesterday and set a price target of $66.00. The company’s shares closed last Tuesday at $52.69.
According to TipRanks.com, Grundy is a 4-star analyst with an average return of
Currently, the analyst consensus on Molson Coors is a Hold with an average price target of $53.58, which is a -2.5% downside from current levels. In a report released yesterday, MKM Partners also maintained a Buy rating on the stock with a $64.00 price target.
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