Analysts’ Top Consumer Goods Picks: XCRA, MBUU

By Ryan Adsit

Analysts fell to the sidelines weighing in on Xcerra (NASDAQ: XCRA) and Malibu Boats (NASDAQ: MBUU) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Xcerra (NASDAQ: XCRA)

In a report released today, Craig Ellis from B. Riley reiterated a Hold rating on Xcerra (NASDAQ: XCRA), with a price target of $10.25. The company’s shares closed on Friday at $9.56, close to its 52-week high of $10.01.

According to TipRanks.com, Ellis is a top 100 analyst with an average return of 25.0% and a 67.3% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Axcelis Technologies, and Rudolph Technologies.

Xcerra has an analyst consensus of Hold, with a price target consensus of $10.25.

Malibu Boats (NASDAQ: MBUU)

In a report released today, Eric Wold from B. Riley reiterated a Hold rating on Malibu Boats (NASDAQ: MBUU), with a price target of $25.25. The company’s shares closed on Friday at $27.43, close to its 52-week high of $29.50.

According to TipRanks.com, Wold is a 2-star analyst with an average return of 0.2% and a 40.7% success rate. Wold covers the Services sector, focusing on stocks such as Salem Communications Corp, Lions Gate Ent Corp Cl A, and Ballantyne Strong Inc.

Malibu Boats has an analyst consensus of Moderate Buy, with a price target consensus of $26.75.

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