Analysts Offer Insights on Consumer Goods Companies: Molson Coors (NYSE: TAP) and General Mills (NYSE: GIS)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Molson Coors (NYSE: TAP) and General Mills (NYSE: GIS).

Molson Coors (NYSE: TAP)

Stifel Nicolaus analyst Mark Swartzberg reiterated a Buy rating on Molson Coors (NYSE: TAP) yesterday and set a price target of $116. The company’s shares closed yesterday at $81.10.

According to TipRanks.com, Swartzberg is a 4-star analyst with an average return of 12.7% and a 64.3% success rate. Swartzberg covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Anheuser-Busch Inbev Sa, and Coca-Cola Enterprises.

Molson Coors has an analyst consensus of Hold, with a price target consensus of $97.60.

General Mills (NYSE: GIS)

In a report issued on December 21, Christopher Growe from Stifel Nicolaus reiterated a Hold rating on General Mills (NYSE: GIS), with a price target of $57. The company’s shares closed yesterday at $60.13.

According to TipRanks.com, Growe is a 4-star analyst with an average return of 8.2% and a 66.7% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Mondelez International, and Lamb Weston Holdings.

Currently, the analyst consensus on General Mills is Hold and the average price target is $59.71, representing a -0.7% downside.

In a report issued on December 21, Edward Jones also maintained a Hold rating on the stock.

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