Analysts Are Bullish on These Consumer Goods Stocks: Nomad Foods (NOMD), PVH (PVH)

By Jason Carr

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Nomad Foods (NOMDResearch Report) and PVH (PVHResearch Report) with bullish sentiments.

Nomad Foods (NOMD)

Credit Suisse analyst Robert Moskow maintained a Buy rating on Nomad Foods yesterday and set a price target of $23.00. The company’s shares closed last Friday at $20.98.

According to TipRanks.com, Moskow is a 2-star analyst with an average return of 0.4% and a 43.6% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Sanderson Farms.

Currently, the analyst consensus on Nomad Foods is a Strong Buy with an average price target of $25.17.

See today’s analyst top recommended stocks >>

PVH (PVH)

Credit Suisse analyst Michael Binetti maintained a Buy rating on PVH yesterday and set a price target of $55.00. The company’s shares closed last Friday at $48.69.

According to TipRanks.com, Binetti is a 4-star analyst with an average return of 6.5% and a 54.8% success rate. Binetti covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Dick’s Sporting Goods, and Canada Goose Holdings.

PVH has an analyst consensus of Moderate Buy, with a price target consensus of $54.08, representing a 0.1% upside. In a report issued on June 9, Piper Sandler also maintained a Buy rating on the stock with a $77.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.