Analysts Are Bullish on These Consumer Goods Stocks: MSI, HAIN

By Jason Carr

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Motorola Solutions (NYSE: MSI) and Hain Celestial (NASDAQ: HAIN) with bullish sentiments.

Motorola Solutions (NYSE: MSI)

In a report issued on June 22, Tim Long from BMO Capital reiterated a Buy rating on Motorola Solutions (NYSE: MSI), with a price target of $95. The company’s shares closed yesterday at $88.64, close to its 52-week high of $88.76.

According to TipRanks.com, Long is a 5-star analyst with an average return of 16.9% and a 69.4% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Brocade Communication Systems Inc, Comtech Telecommunications, and Hewlett Packard Enterprise.

Motorola Solutions has an analyst consensus of Strong Buy, with a price target consensus of $93.25.

Hain Celestial (NASDAQ: HAIN)

In a report issued on June 22, Amit Sharma from BMO Capital reiterated a Buy rating on Hain Celestial (NASDAQ: HAIN), with a price target of $38. The company’s shares closed yesterday at $31.60, close to its 52-week low of $31.01.

According to TipRanks.com, Sharma is a 4-star analyst with an average return of 11.6% and a 71.1% success rate. Sharma covers the Consumer Goods sector, focusing on stocks such as Monster Beverage Corp, Primo Water Corp, and TreeHouse Foods.

Currently, the analyst consensus on Hain Celestial is Hold and the average price target is $39.57, representing a 25.2% upside.

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

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