Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Ecolab Inc. (NYSE: ECL), Kraft Heinz (NASDAQ: KHC) and Ball Corp (NYSE: BLL)

By Carrie Williams

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Ecolab Inc. (NYSE: ECL), Kraft Heinz (NASDAQ: KHC) and Ball Corp (NYSE: BLL).

Ecolab Inc. (NYSE: ECL)

Barclays analyst Manav Patnaik reiterated a Buy rating on Ecolab Inc. (NYSE: ECL) today and set a price target of $135. The company’s shares opened today at $111.97.

According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 9.2% and a 60.9% success rate. Patnaik covers the Services sector, focusing on stocks such as Corporate Executive Board, Kar Auction Services Inc, and Nord Anglia Education.

Currently, the analyst consensus on Ecolab Inc. is Moderate Buy and the average price target is $122.60, representing a 9.5% upside.

In a report issued on October 27, Canaccord Genuity also reiterated a Buy rating on the stock with a $135 price target.
Kraft Heinz (NASDAQ: KHC)

BMO Capital analyst Kenneth Zaslow reiterated a Hold rating on Kraft Heinz (NASDAQ: KHC) on November 4 and set a price target of $90. The company’s shares opened today at $85.32.

According to TipRanks.com, Zaslow is a 5-star analyst with an average return of 13.6% and a 77.6% success rate. Zaslow covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and AdvancePierre Foods.

Kraft Heinz has an analyst consensus of Strong Buy, with a price target consensus of $100.78.

Ball Corp (NYSE: BLL)

In a report issued on November 4, Mark Wilde from BMO Capital reiterated a Hold rating on Ball Corp (NYSE: BLL), with a price target of $79. The company’s shares opened today at $77.65.

According to TipRanks.com, Wilde is a 4-star analyst with an average return of 8.9% and a 61.7% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, Meadwestvaco Corp., and Graphic Packaging.

Ball Corp has an analyst consensus of Strong Buy, with a price target consensus of $88.