Analysts Offer Insights on Consumer Goods Companies: Axcelis Technologies (NASDAQ: ACLS) and Guess (NYSE: GES)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Axcelis Technologies (ACLSResearch Report) and Guess (GESResearch Report) with bullish sentiments.

Axcelis Technologies (ACLS)

In a report released yesterday, Craig Ellis from B.Riley FBR maintained a Buy rating on Axcelis Technologies, with a price target of $27.00. The company’s shares closed last Monday at $21.53, close to its 52-week high of $22.99.

According to TipRanks.com, Ellis is a 4-star analyst with an average return of 5.0% and a 55.3% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Applied Materials, and Brooks Automation.

Currently, the analyst consensus on Axcelis Technologies is a Strong Buy with an average price target of $24.50.

See today’s analyst top recommended stocks >>

Guess (GES)

B.Riley FBR analyst Susan Anderson reiterated a Buy rating on Guess today and set a price target of $25.00. The company’s shares closed last Monday at $18.49.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.1% and a 43.1% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, Columbia Sportswear, and G-III Apparel Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guess with a $23.50 average price target, a 24.2% upside from current levels. In a report issued on November 29, Evercore ISI also maintained a Buy rating on the stock with a $22.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.