Analysts’ Top Consumer Goods Picks: TSN, PKGBy Jason Carr
Analysts fell to the sidelines weighing in on Tyson Foods (NYSE: TSN) and Packaging Corp (NYSE: PKG) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Tyson Foods (NYSE: TSN)
According to TipRanks.com, Palmer is a 4-star analyst with an average return of 5.8% and a 60.2% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Pinnacle Foods, and Campbell Soup.
Tyson Foods has an analyst consensus of Hold, with a price target consensus of $69.25.
Packaging Corp (NYSE: PKG)
According to TipRanks.com, Jones is a 3-star analyst with an average return of 0.9% and a 53.4% success rate. Jones covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, Silgan Holdings, and Sonoco Products.
Currently, the analyst consensus on Packaging Corp is Moderate Buy and the average price target is $86, representing a -0.3% downside.
In a report issued on November 15, BMO Capital also downgraded the stock to Hold.