Analysts Offer Insights on Consumer Goods Companies: Crown Holdings (NYSE: CCK) and Caleres Inc (NYSE: CAL)

By Austin Angelo

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Crown Holdings (NYSE: CCK) and Caleres Inc (NYSE: CAL).

Crown Holdings (NYSE: CCK)

In a report released yesterday, Philip Ng from Jefferies reiterated a Buy rating on Crown Holdings (NYSE: CCK), with a price target of $63. The company’s shares closed yesterday at $56.53, close to its 52-week high of $57.49.

According to TipRanks.com, Ng is a top 100 analyst with an average return of 17.3% and a 81.8% success rate. Ng covers the Consumer Goods sector, focusing on stocks such as Orchids Paper Products Company, International Paper Co, and Graphic Packaging.

Currently, the analyst consensus on Crown Holdings is Moderate Buy and the average price target is $62.50, representing a 10.6% upside.

In a report issued on May 19, BMO Capital also reiterated a Buy rating on the stock with a $65 price target.
Caleres Inc (NYSE: CAL)

Jefferies analyst Randal Konik reiterated a Hold rating on Caleres Inc (NYSE: CAL) yesterday and set a price target of $27. The company’s shares closed yesterday at $24.90.

According to TipRanks.com, Konik is ranked 0 out of 5 stars with an average return of -2.2% and a 42.4% success rate. Konik covers the Services sector, focusing on stocks such as Eros International, Abercrombie Fitch, and Acushnet Holdings.

Caleres Inc has an analyst consensus of Hold, with a price target consensus of $29.

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