Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Cisco Systems (NASDAQ: CSCO), Brunswick Corporation (NYSE: BC) and Crown Holdings (NYSE: CCK)

By Ryan Adsit

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Cisco Systems (NASDAQ: CSCO), Brunswick Corporation (NYSE: BC) and Crown Holdings (NYSE: CCK).

Cisco Systems (NASDAQ: CSCO)

In a report issued on July 26, Tim Long from BMO Capital reiterated a Hold rating on Cisco Systems (NASDAQ: CSCO), with a price target of $32. The company’s shares closed yesterday at $31.52.

According to TipRanks.com, Long is a 3-star analyst with an average return of 5.0% and a 36.8% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Brocade Communication Systems Inc, Comtech Telecommunications, and Hewlett Packard Enterprise.

Currently, the analyst consensus on Cisco Systems is Moderate Buy and the average price target is $35.56, representing a 12.8% upside.

In a report issued on July 11, Stifel Nicolaus also reiterated a Hold rating on the stock with a $34 price target.
Brunswick Corporation (NYSE: BC)

In a report issued on July 27, Gerrick Johnson from BMO Capital reiterated a Buy rating on Brunswick Corporation (NYSE: BC), with a price target of $68. The company’s shares closed yesterday at $56.58.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 8.7% and a 61.5% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Winnebago Industries, Activision Blizzard, and Electronic Arts.

Currently, the analyst consensus on Brunswick Corporation is Moderate Buy and the average price target is $65.40, representing a 15.6% upside.

In a report issued on July 14, Stifel Nicolaus also reiterated a Buy rating on the stock with a $68 price target.
Crown Holdings (NYSE: CCK)

In a report issued on July 26, Mark Wilde from BMO Capital reiterated a Buy rating on Crown Holdings (NYSE: CCK), with a price target of $65. The company’s shares closed yesterday at $58.89.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 13.6% and a 80.3% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, International Paper Co, and Graphic Packaging.

Currently, the analyst consensus on Crown Holdings is Moderate Buy and the average price target is $65.60, representing an 11.4% upside.

In a report issued on July 13, RBC Capital also reiterated a Buy rating on the stock with a $65 price target.

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