Analysts Offer Insights on Consumer Goods Companies: Scotts Miracle-Gro Company (NYSE: SMG) and Western Digital (NASDAQ: WDC)

By Austin Angelo

Analysts fell to the sidelines weighing in on Scotts Miracle-Gro Company (NYSE: SMG) and Western Digital (NASDAQ: WDC) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Scotts Miracle-Gro Company (NYSE: SMG)

In a report released today, Jason Gurda from KeyBanc reiterated a Hold rating on Scotts Miracle-Gro Company (NYSE: SMG). The company’s shares closed on Friday at $94.73.

According to TipRanks.com, Gurda is a 4-star analyst with an average return of 9.8% and a 51.9% success rate. Gurda covers the Services sector, focusing on stocks such as Surgery Partners Inc, Envision Healthcare, and Acadia Healthcare.

Scotts Miracle-Gro Company has an analyst consensus of Hold.

Western Digital (NASDAQ: WDC)

KeyBanc analyst Alex Kurtz reiterated a Hold rating on Western Digital (NASDAQ: WDC) yesterday. The company’s shares closed on Friday at $90.25, close to its 52-week high of $95.77.

According to TipRanks.com, Kurtz is a 4-star analyst with an average return of 8.7% and a 62.4% success rate. Kurtz covers the Consumer Goods sector, focusing on stocks such as Brocade Communication Systems Inc, Hewlett Packard Enterprise, and Super Micro Computer.

Currently, the analyst consensus on Western Digital is Strong Buy and the average price target is $118.07, representing a 30.8% upside.

In a report issued on August 17, Jefferies also reiterated a Hold rating on the stock with a $90 price target.

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