Analysts Offer Insights on Consumer Goods Companies: The Estée Lauder Companies (NYSE: EL) and Foot Locker (NYSE: FL)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on The Estée Lauder Companies (ELResearch Report) and Foot Locker (FLResearch Report) with bullish sentiments.

The Estée Lauder Companies (EL)

D.A. Davidson analyst Linda Bolton Weiser maintained a Buy rating on The Estée Lauder Companies today and set a price target of $348.00. The company’s shares closed last Tuesday at $291.90, close to its 52-week high of $297.55.

According to TipRanks.com, Weiser is a 4-star analyst with an average return of 8.0% and a 57.5% success rate. Weiser covers the Consumer Goods sector, focusing on stocks such as Lifetime Brands, Inter Parfums, and Helen Of Troy.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Estée Lauder Companies with a $303.59 average price target, representing a 6.7% upside. In a report issued on February 9, RBC Capital also maintained a Buy rating on the stock with a $314.00 price target.

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Foot Locker (FL)

In a report released today, Mitch Kummetz from Pivotal Research reiterated a Buy rating on Foot Locker, with a price target of $61.00. The company’s shares closed last Tuesday at $52.93, close to its 52-week high of $54.50.

According to TipRanks.com, Kummetz is a 5-star analyst with an average return of 21.0% and a 65.0% success rate. Kummetz covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Deckers Outdoor.

Currently, the analyst consensus on Foot Locker is a Moderate Buy with an average price target of $57.58, representing a 7.3% upside. In a report issued on February 16, Cowen & Co. also maintained a Buy rating on the stock with a $66.00 price target.

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