Wall Street Analysts Are Neutral on Top Consumer Goods Picks

Analysts fell to the sidelines weighing in on Transdigm Group Inc (TDGResearch Report) and Trinseo (TSEResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Transdigm Group Inc (TDG)

In a report released today, Rajeev Lalwani from Morgan Stanley maintained a Hold rating on Transdigm Group Inc, with a price target of $570. The company’s shares closed last Monday at $548.21, close to its 52-week high of $555.27.

According to TipRanks.com, Lalwani is a 4-star analyst with an average return of 4.6% and a 60.6% success rate. Lalwani covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and American Airlines.

Currently, the analyst consensus on Transdigm Group Inc is a Strong Buy with an average price target of $587.70.

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Trinseo (TSE)

In a report released today, Vincent Andrews from Morgan Stanley maintained a Hold rating on Trinseo, with a price target of $32. The company’s shares closed last Monday at $30.16, close to its 52-week low of $27.37.

According to TipRanks.com, Andrews is a 2-star analyst with an average return of 0.0% and a 65.9% success rate. Andrews covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and DuPont de Nemours, Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trinseo with a $41.50 average price target, representing a 51.2% upside. In a report released yesterday, Citigroup also downgraded the stock to Hold with a $32 price target.

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