Analysts Offer Insights on Consumer Goods Companies: British American Tobacco (NYSEArca: BTI) and Steven Madden (NASDAQ: SHOO)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on British American Tobacco (NYSEArca: BTI) and Steven Madden (NASDAQ: SHOO).

British American Tobacco (NYSEArca: BTI)

In a report released today, Owen Bennett from Jefferies reiterated a Buy rating on British American Tobacco (NYSEArca: BTI), with a price target of $80. The company’s shares opened today at $69.14.

According to TipRanks.com, Bennett is a 3-star analyst with an average return of 9.2% and a 76.9% success rate. Bennett covers the Consumer Goods sector, focusing on stocks such as Reynolds American, Imperial Brands, and Philip Morris.

British American Tobacco has an analyst consensus of Moderate Buy, with a price target consensus of $80.

Steven Madden (NASDAQ: SHOO)

In a report released today, Janie Stichter from Jefferies reiterated a Hold rating on Steven Madden (NASDAQ: SHOO), with a price target of $48. The company’s shares opened today at $47.65, close to its 52-week high of $48.85.

Currently, the analyst consensus on Steven Madden is Strong Buy and the average price target is $51.50, representing an 8.1% upside.

In a report issued on January 11, Wells Fargo also reiterated a Hold rating on the stock with a $46 price target.

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