Analysts Are Bullish on These Consumer Goods Stocks: NCLH, APFH

By Carrie Williams

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Norwegian Cruise Line (NASDAQ: NCLH) and AdvancePierre Foods (NYSE: APFH) with bullish sentiments.

Norwegian Cruise Line (NASDAQ: NCLH)

Wells Fargo analyst Tim Conder reiterated a Buy rating on Norwegian Cruise Line (NASDAQ: NCLH) on November 9. The company’s shares opened today at $38.50.

According to TipRanks.com, Conder is a 4-star analyst with an average return of 9.4% and a 75.6% success rate. Conder covers the Consumer Goods sector, focusing on stocks such as Estee Lauder Companies, Brunswick Corporation, and Procter & Gamble.

Currently, the analyst consensus on Norwegian Cruise Line is Moderate Buy and the average price target is $45, representing a 16.9% upside.

In a report issued on November 10, Stifel Nicolaus also maintained a Buy rating on the stock with a $48 price target.
AdvancePierre Foods (NYSE: APFH)

In a report issued on November 9, John Baumgartner from Wells Fargo reiterated a Buy rating on AdvancePierre Foods (NYSE: APFH). The company’s shares opened today at $26.

According to TipRanks.com, Baumgartner is a 3-star analyst with an average return of 5.1% and a 50.0% success rate. Baumgartner covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Post Holdings Inc, and TreeHouse Foods.

Currently, the analyst consensus on AdvancePierre Foods is Strong Buy and the average price target is $29, representing an 11.5% upside.

In a report issued on November 9, Credit Suisse also reiterated a Buy rating on the stock with a $30 price target.