Analysts Offer Insights on Consumer Goods Companies: Kraft Heinz (NASDAQ: KHC), Gildan Activewear (NYSE: GIL) and Thor Industries (NYSE: THO)

By Austin Angelo

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Kraft Heinz (NASDAQ: KHC), Gildan Activewear (NYSE: GIL) and Thor Industries (NYSE: THO) with bullish sentiments.

Kraft Heinz (NASDAQ: KHC)

Credit Suisse analyst Robert Moskow reiterated a Buy rating on Kraft Heinz (NASDAQ: KHC) yesterday and set a price target of $100. The company’s shares opened today at $82.03.

According to TipRanks.com, Moskow is a 3-star analyst with an average return of 0.3% and a 42.6% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and Amplify Snack Brands.

Currently, the analyst consensus on Kraft Heinz is Strong Buy and the average price target is $100.78, representing a 22.9% upside.

In a report issued on November 1, RBC Capital also reiterated a Buy rating on the stock with a $96 price target.
Gildan Activewear (NYSE: GIL)

In a report released yesterday, David Hartley from Credit Suisse reiterated a Buy rating on Gildan Activewear (NYSE: GIL), with a price target of $43. The company’s shares opened today at $24.90.

According to TipRanks.com, Hartley is a 2-star analyst with an average return of 0.0% and a 55.6% success rate. Hartley covers the Services sector, focusing on stocks such as Restaurant Brands International, Alimentation Couche Tard, and CST Brands.

Gildan Activewear has an analyst consensus of Moderate Buy.

Thor Industries (NYSE: THO)

Credit Suisse analyst Ralph M. Profiti reiterated a Buy rating on Thor Industries (NYSE: THO) yesterday and set a price target of $22. The company’s shares opened today at $74.40.

According to TipRanks.com, Profiti is a 1-star analyst with an average return of -4.8% and a 27.3% success rate. Profiti covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals Inc, Pan American Silver, and Plains All American.

Thor Industries has an analyst consensus of Moderate Buy, with a price target consensus of $80.