tiprankstipranks
Blurbs

Analysts’ Top Consumer Goods Picks: SunOpta (STKL), Traeger (COOK)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on SunOpta (STKLResearch Report) and Traeger (COOKResearch Report) with bullish sentiments.

SunOpta (STKL)

In a report released today, Andrew Strelzik from BMO Capital maintained a Buy rating on SunOpta, with a price target of $13.00. The company’s shares closed last Thursday at $10.71, close to its 52-week high of $10.96.

According to TipRanks.com, Strelzik is a 4-star analyst with an average return of 6.1% and a 60.7% success rate. Strelzik covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Papa John’s International, and Texas Roadhouse.

SunOpta has an analyst consensus of Strong Buy, with a price target consensus of $14.00, implying a 44.0% upside from current levels. In a report issued on August 2, Canaccord Genuity also maintained a Buy rating on the stock with a $12.00 price target.

See the top stocks recommended by analysts >>

Traeger (COOK)

In a report released today, Simeon Siegel from BMO Capital maintained a Buy rating on Traeger, with a price target of $5.00. The company’s shares closed last Thursday at $4.18, close to its 52-week low of $2.88.

According to TipRanks.com, Siegel is a 4-star analyst with an average return of 7.5% and a 55.9% success rate. Siegel covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Bath & Body Works, and TJX Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Traeger with a $5.13 average price target, which is a 36.8% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $5.00 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 STKL:

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