Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Estee Lauder Companies (NYSE: EL) and Owens-Illinois (NYSE: OI)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Estee Lauder Companies (NYSE: EL) and Owens-Illinois (NYSE: OI).

Estee Lauder Companies (NYSE: EL)

RBC Capital analyst Mirco Badocco reiterated a Buy rating on Estee Lauder Companies (NYSE: EL) today and set a price target of $100. The company’s shares opened today at $93.99, close to its 52-week high of $95.38.

According to TipRanks.com, Badocco is a 3-star analyst with an average return of 4.6% and a 73.3% success rate. Badocco covers the Consumer Goods sector, focusing on stocks such as British American Tobacco, Mondelez International, and Colgate-Palmolive.

Estee Lauder Companies has an analyst consensus of Moderate Buy, with a price target consensus of $95.86.

Owens-Illinois (NYSE: OI)

RBC Capital analyst Arun Viswanathan reiterated a Hold rating on Owens-Illinois (NYSE: OI) yesterday and set a price target of $22. The company’s shares opened today at $22.77, close to its 52-week high of $22.91.

According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 10.7% and a 69.4% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.

Currently, the analyst consensus on Owens-Illinois is Moderate Buy and the average price target is $23, representing a 1.0% upside.

In a report issued on May 26, BMO Capital also reiterated a Hold rating on the stock with a $20 price target.

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