Analysts Bullish on Top Consumer Goods Picks

There’s a lot to be optimistic about in the Consumer Goods sector as 3 experts just weighed in on Ball Corporation (NYSE: BLL), Vista Outdoor Inc. (NYSE: VSTO) and PepsiCo (NYSE: PEP) with bullish sentimens.

Ball Corporation (NYSE: BLL)

In a report released today, Philip Ng from Jefferies reiterated a Buy rating on Ball Corp (NYSE: BLL), with a price target of $86. The company’s shares closed last Friday at $71.41. The analyst upgraded his rating following the Ball’s completion of Rexam PLC REXMY for approximately $6.1 billion of cash and equity. It is now the world’s largest manufacturer of beverage cans.

According to TipRanks.com, Ng is a top 100 analyst with an average return of 15.8% and a 73.9% success rate. Ng covers the Consumer Goods sector, focusing on stocks such as Orchids Paper Products Company, Graphic Packaging, and Sonoco Products.

Ball Corp has an analyst consensus of Moderate Buy, with a price target consensus of $86

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Vista Outdoor Inc. (NYSE: VSTO)

In a report issued on July 1, Howard Rubel from Jefferies assigned a Buy rating to Vista Outdoor (NYSE: VSTO). The company’s shares closed last Friday at $47.79.

According to TipRanks.com, Rubel is a top 100 analyst with an average return of 16.2% and a 72.1% success rate. Rubel covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., General Dynamics Corp., and Lockheed Martin Corp.

Vista Outdoor has an analyst consensus of Moderate Buy

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PepsiCo (NYSE: PEP)

Jefferies analyst Kevin Grundy reiterated a Buy rating on PepsiCo (NYSE: PEP) today and set a price target of $119. The company’s shares closed last Friday at $105.63, close to its 52-week high of $106.94.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 3.3% and a 72.5% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Spectrum Brands Holdings, Estee Lauder Companies, and Edgewell Personal Care.

PepsiCo has an analyst consensus of Moderate Buy, with a price target consensus of $112.10

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