Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: McCormick & Company (NYSE: MKC) and Coach (NYSE: COH)

By Jason Carr

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on McCormick & Company (NYSE: MKC) and Coach (NYSE: COH).

McCormick & Company (NYSE: MKC)

Jefferies analyst Akshay Jagdale reiterated a Hold rating on McCormick & Company (NYSE: MKC) today and set a price target of $95. The company’s shares closed yesterday at $100.11.

According to TipRanks.com, Jagdale is a 4-star analyst with an average return of 5.5% and a 52.3% success rate. Jagdale covers the Consumer Goods sector, focusing on stocks such as Keurig Green Mountain, Amplify Snack Brands, and Lamb Weston Holdings.

McCormick & Company has an analyst consensus of Hold, with a price target consensus of $95.

Coach (NYSE: COH)

Jefferies analyst Randal Konik reiterated a Buy rating on Coach (NYSE: COH) today and set a price target of $53. The company’s shares closed yesterday at $44.67, close to its 52-week high of $46.56.

According to TipRanks.com, Konik is a 1-star analyst with an average return of -0.7% and a 44.2% success rate. Konik covers the Services sector, focusing on stocks such as Eros International, Abercrombie Fitch, and Acushnet Holdings.

Currently, the analyst consensus on Coach is Strong Buy and the average price target is $50.20, representing a 12.4% upside.

In a report issued on May 9, Oppenheimer also reiterated a Buy rating on the stock with a $50 price target.

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