Analysts Offer Insights on Consumer Goods Companies: TreeHouse Foods (NYSE: THS) and Avon Products (NYSE: AVP)

By Austin Angelo

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on TreeHouse Foods (NYSE: THS) and Avon Products (NYSE: AVP) with bullish sentiments.

TreeHouse Foods (NYSE: THS)

In a report issued on November 4, Akshay Jagdale from Jefferies reiterated a Buy rating on TreeHouse Foods (NYSE: THS), with a price target of $100. The company’s shares closed last Friday at $68.88, close to its 52-week low of $66.30.

According to TipRanks.com, Jagdale is a 4-star analyst with an average return of 5.1% and a 53.4% success rate. Jagdale covers the Consumer Goods sector, focusing on stocks such as Keurig Green Mountain, Amplify Snack Brands, and McCormick & Company.

Currently, the analyst consensus on TreeHouse Foods is Moderate Buy and the average price target is $101, representing a 46.6% upside.

In a report issued on November 4, Susquehanna also reiterated a Buy rating on the stock with a $84 price target.
Avon Products (NYSE: AVP)

In a report released today, Trevor Young from Jefferies reiterated a Buy rating on Avon Products (NYSE: AVP), with a price target of $8. The company’s shares closed last Friday at $5.94.

Young wrote:

“AVP reported 3Q results last week. Rev. missed by ~1% (~$14m) as EMEA (+2% CC) slowed and APAC (-7%) worsened. Three of top 5 markets accelerated, and 8 of top 10 markets grew. GM declined slightly (-20bps vs. +25bps est.) as FX (-250bps) continued to weigh, but this was more than offset by a ~500bps improvement in SG&A (-10% Y/Y). Despite the 3Q miss, results show continued progress against L-T objectives.”

According to TipRanks.com, Young is a 1-star analyst with an average return of -2.8% and a 28.6% success rate. Young covers the Consumer Goods sector, focusing on stocks such as Helen Of Troy Limited, Fox Factory Holding, and Arctic Cat Inc.

Avon Products has an analyst consensus of Moderate Buy, with a price target consensus of $8.