Analysts Weigh In on Consumer Goods Companies: Ingredion, Coca-Cola Europacific Partners, and The Hershey Company
Several consumer goods companies have received attention from analysts in recent days. Ingredion (INGR) is one of them, with BMO Capital analyst Andrew Strelzik maintaining a Hold rating and setting a price target of $113.00. The company's shares closed last Tuesday at $104.63.
Strelzik has an average return of 3.8% and a 52.7% success rate when recommending Ingredion, according to TipRanks.com. He covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and Texas Roadhouse.
The word on The Street in general suggests a Hold analyst consensus rating for Ingredion with a $113.80 average price target, representing a 10.2% upside from current levels.
Another company receiving attention is Coca-Cola Europacific Partners (CCEP), which has seen a Strong Buy analyst consensus rating from analysts. Jefferies analyst Ed Mundy maintained a Buy rating and set a price target of EUR100.00, with the company's shares closing last Tuesday at $106.13.
Mundy has an average return of 28.2% when recommending Coca-Cola Europacific Partners, according to TipRanks.com. The word on The Street in general suggests a Strong Buy analyst consensus rating for Coca-Cola Europacific Partners with a $112.62 average price target, representing a 7.3% upside from current levels.
The Hershey Company (HSY) is another company that has received attention from analysts. J.P. Morgan analyst Thomas Palmer maintained a Hold rating and set a price target of $193.00, with the company's shares closing last Tuesday at $179.04.