tiprankstipranks
TipRanksStock Market NewsLESL NewsWall Street Analysts Are Bullish on Top Consumer Goods Picks
Blurbs

Wall Street Analysts Are Bullish on Top Consumer Goods Picks

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Monster Beverage (MNSTResearch Report), Post Holdings (POSTResearch Report) and Leslie’s (LESLResearch Report) with bullish sentiments.

Monster Beverage (MNST)

In a report released yesterday, Mark Astrachan from Stifel Nicolaus maintained a Buy rating on Monster Beverage, with a price target of $105.00. The company’s shares closed last Thursday at $89.30.

According to TipRanks.com, Astrachan is a 5-star analyst with an average return of 13.3% and a 65.3% success rate. Astrachan covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Colgate-Palmolive, and Celsius Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $103.07 average price target, which is a 15.3% upside from current levels. In a report issued on July 28, Wells Fargo also maintained a Buy rating on the stock with a $110.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Post Holdings (POST)

In a report released yesterday, Christopher Growe from Stifel Nicolaus maintained a Buy rating on Post Holdings, with a price target of $100.00. The company’s shares closed last Thursday at $87.79, close to its 52-week high of $91.48.

According to TipRanks.com, Growe is a 4-star analyst with an average return of 7.5% and a 65.8% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and TreeHouse Foods.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Post Holdings with a $98.33 average price target, which is a 13.7% upside from current levels. In a report issued on August 8, Barclays also maintained a Buy rating on the stock with a $102.00 price target.

Leslie’s (LESL)

Stifel Nicolaus analyst W. Andrew Carter maintained a Buy rating on Leslie’s yesterday and set a price target of $20.00. The company’s shares closed last Thursday at $15.56, close to its 52-week low of $13.65.

According to TipRanks.com, Carter is a 1-star analyst with an average return of -4.9% and a 37.0% success rate. Carter covers the Basic Materials sector, focusing on stocks such as Scotts Miracle-Gro Company, Aurora Cannabis, and Canopy Growth.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leslie’s with a $20.30 average price target, representing a 27.0% upside. In a report issued on August 2, Robert W. Baird also maintained a Buy rating on the stock with a $20.00 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 MNST:

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