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Wall Street Analysts Are Neutral on Top Consumer Goods Picks

Analysts fell to the sidelines weighing in on Kroger Company (KRResearch Report) and Mondelez International (MDLZResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Kroger Company (KR)

In a report issued on June 20, Kelly Bania from BMO Capital maintained a Hold rating on Kroger Company, with a price target of $70.00. The company’s shares closed last Friday at $71.97.

According to TipRanks.com, Bania is a 5-star analyst with an average return of 7.5% and a 67.0% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as Performance Food Group, Albertsons Companies, and United Natural Foods.

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $72.75, representing a 6.7% upside. In a report issued on June 16, Citi also maintained a Hold rating on the stock with a $65.00 price target.

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Mondelez International (MDLZ)

Piper Sandler analyst Michael Lavery maintained a Hold rating on Mondelez International today and set a price target of $66.00. The company’s shares closed last Friday at $68.31.

According to TipRanks.com, Lavery is a 4-star analyst with an average return of 4.9% and a 50.0% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, The Hershey Company, and Vita Coco Company.

Mondelez International has an analyst consensus of Moderate Buy, with a price target consensus of $72.88.

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