Analysts Weigh In on Consumer Goods: Herbalife, P&G, and Costco
Analysts have been weighing in on consumer goods companies, offering insights and predictions on their future performance. One such company is Herbalife (HLF), which has received a Sell rating from Bank of America Securities analyst Anna Lizzul. Lizzul maintained her price target of $9.00 for the company's shares, which closed last Thursday at $11.66.
The word on the street suggests a Hold consensus rating for Herbalife, with an average price target of $17.00. According to TipRanks.com, Lizzul is a 2-star analyst with a 0.7% average return and a 49.6% success rate.
Procter & Gamble (PG) has also received attention from analysts. Evercore ISI's Robert Ottenstein maintained his Hold rating on the company, setting a price target of $161.00. The shares closed last Thursday at $147.48.
The consensus rating for Procter & Gamble is Moderate Buy, with an average price target of $159.44, representing a 7.9% upside from current levels. HSBC downgraded the stock to Hold in a report issued on July 29, setting a price target of $149.00.
Costco (COST) has been maintained as a Buy by Evercore ISI's Greg Melich, who set a price target of $1100.00. The company's shares closed last Thursday at $947.55.