Analysts’ Top Consumer Goods Picks: GEF, ARA

By Carrie Williams

Analysts are pulling back from the Consumer Goods sector as 2 experts expressed today bearish sentiments on Greif Inc (NYSE: GEF) and American Renal Associates Holdings Inc (NYSE: ARA).

Greif Inc (NYSE: GEF)

In a report released today, Steven Chercover from D.A. Davidson downgraded Greif Inc (NYSE: GEF) to Sell, with a price target of $47. The company’s shares opened today at $53.93, close to its 52-week high of $57.97.

According to TipRanks.com, Chercover is a 5-star analyst with an average return of 12.9% and a 79.8% success rate. Chercover covers the Consumer Goods sector, focusing on stocks such as Clearwater Paper, Sonoco Products, and Intl Paper Co.

Greif Inc has an analyst consensus of Hold, with a price target consensus of $47.

American Renal Associates Holdings Inc (NYSE: ARA)

American Renal Associates Holdings Inc (NYSE: ARA) received a Sell rating from Goldman Sachs analyst Matthew Borsch today. The company’s shares opened today at $23.02.

According to TipRanks.com, Borsch is a 1-star analyst with an average return of -0.9% and a 41.2% success rate. Borsch covers the Healthcare sector, focusing on stocks such as Alexion Pharmaceuticals, WellCare Health Plans, and Universal American.

American Renal Associates Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $27.50.