Analysts' Opinions Are Mixed on These Consumer Goods Stocks: Clorox (CLX) and Coca-Cola Europacific Partners (CCEP)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Clorox (CLX – Research Report) and Coca-Cola Europacific Partners (CCEP – Research Report).
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Clorox (CLX)
In a report issued on May 6, Nik Modi from RBC Capital maintained a Hold rating on Clorox, with a price target of $147.00. The company's shares closed last Wednesday at $136.48.
According to TipRanks.com, Modi is a 4-star analyst with an average return of 3.5% and a 54.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Mondelez International, and Constellation Brands.
The word on The Street in general, suggests a Hold analyst consensus rating for Clorox with a $145.42 average price target, a 7.7% upside from current levels. In a report issued on May 5, Wells Fargo also maintained a Hold rating on the stock with a $142.00 price target.
Kepler Capital analyst Richard Withagen maintained a Sell rating on Coca-Cola Europacific Partners on May 6 and set a price target of EUR73.00. The company's shares closed last Wednesday at $91.05.
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