Wall Street Analysts Are Bullish on Top Consumer Goods Picks

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on The Estée Lauder Companies (ELResearch Report), Stanley Black & Decker (SWKResearch Report) and Take-Two (TTWOResearch Report) with bullish sentiments.

The Estée Lauder Companies (EL)

In a report released yesterday, Robert Ottenstein from Evercore ISI maintained a Buy rating on The Estée Lauder Companies, with a price target of $365.00. The company’s shares closed last Monday at $332.93, close to its 52-week high of $347.82.

According to TipRanks.com, Ottenstein is a 2-star analyst with an average return of 2.2% and a 59.5% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Anheuser-Busch Inbev Sa, and Constellation Brands.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Estée Lauder Companies with a $365.07 average price target, which is a 7.8% upside from current levels. In a report issued on September 6, Berenberg Bank also maintained a Buy rating on the stock with a $383.00 price target.

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Stanley Black & Decker (SWK)

In a report released yesterday, Timothy Wojs from Robert W. Baird maintained a Buy rating on Stanley Black & Decker, with a price target of $235.00. The company’s shares closed last Monday at $186.46.

According to TipRanks.com, Wojs is a 4-star analyst with an average return of 4.9% and a 60.7% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co, Masonite International, and Lennox International.

Currently, the analyst consensus on Stanley Black & Decker is a Moderate Buy with an average price target of $235.50.

Take-Two (TTWO)

Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Take-Two on September 9 and set a price target of $215.00. The company’s shares closed last Monday at $152.93, close to its 52-week low of $151.00.

According to TipRanks.com, Sebastian is a top 100 analyst with an average return of 29.7% and a 70.2% success rate. Sebastian covers the Technology sector, focusing on stocks such as Playtika Holding, Alphabet Class C, and Alphabet Class A.

Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $213.20, which is a 37.9% upside from current levels. In a report issued on September 10, Wedbush also reiterated a Buy rating on the stock with a $222.00 price target.

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