Analysts Conflictied on These Consumer Goods Names: Ambev SA (NYSE: ABEV) and Multi Packaging Solutions (NYSE: MPSX)

By Carrie Williams

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Ambev SA (NYSE: ABEV) and Multi Packaging Solutions (NYSE: MPSX).

Ambev SA (NYSE: ABEV)

In a report released today, Andrea Faria Teixeira from J.P. Morgan upgraded Ambev SA (NYSE: ABEV) to Buy. The company’s shares closed yesterday at $5.48.

According to TipRanks.com, Teixeira is ranked #3190 out of 4205 analysts.

Ambev SA has an analyst consensus of Moderate Buy.

Multi Packaging Solutions (NYSE: MPSX)

Credit Suisse analyst Lars Kjellberg downgraded Multi Packaging Solutions (NYSE: MPSX) to Sell today and set a price target of $13.20. The company’s shares closed yesterday at $12.88, close to its 52-week low of $12.27.

According to TipRanks.com, Kjellberg is a 3-star analyst with an average return of 4.1% and a 50.0% success rate. Kjellberg covers the Consumer Goods sector, focusing on stocks such as Crown Holdings, Intl Paper Co., and Owens-Illinois.

Multi Packaging Solutions has an analyst consensus of Hold, with a price target consensus of $16.50.