Analysts Offer Insights on Consumer Goods Companies: Bunge Limited (NYSE: BG) and Dr Pepper (NYSE: DPS)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Bunge Limited (NYSE: BG) and Dr Pepper (NYSE: DPS).

Bunge Limited (NYSE: BG)

In a report released yesterday, Brett Wong from Piper Jaffray reiterated a Buy rating on Bunge Limited (NYSE: BG), with a price target of $85. The company’s shares opened today at $76.24.

According to TipRanks.com, Wong is a 3-star analyst with an average return of 1.5% and a 51.8% success rate. Wong covers the Consumer Goods sector, focusing on stocks such as Trimble Navigation Limited, American Vanguard Corp, and Archer Daniels Midland.

Currently, the analyst consensus on Bunge Limited is Strong Buy and the average price target is $86.33, representing a 13.2% upside.

In a report released today, Stephens also upgraded the stock to Buy with a $90 price target.
Dr Pepper (NYSE: DPS)

Cowen & Co. analyst Vivien Azer reiterated a Hold rating on Dr Pepper (NYSE: DPS) yesterday and set a price target of $124. The company’s shares opened today at $115.

According to TipRanks.com, Azer is a 5-star analyst with an average return of 24.1% and a 73.6% success rate. Azer covers the Consumer Goods sector, focusing on stocks such as British American Tobacco, Constellation Brands Inc, and Craft Brewers Alliance.

Currently, the analyst consensus on Dr Pepper is Moderate Buy and the average price target is $124.18, representing a 8.0% upside.

In a report issued on January 30, Morgan Stanley also downgraded the stock to Hold with a $121 price target.

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