Analysts Offer Insights on Consumer Goods Companies: LyondellBasell (NYSE: LYB), Itron Inc (NASDAQ: ITRI) and Corning Inc (NYSE: GLW)

By Ryan Adsit

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on LyondellBasell (LYBResearch Report), Itron Inc (ITRIResearch Report) and Corning Inc (GLWResearch Report).

LyondellBasell (LYB)

In a report released today, Aleksey Yefremov from Nomura maintained a Hold rating on LyondellBasell, with a price target of $85. The company’s shares closed last Monday at $89.

According to TipRanks.com, Yefremov is a 4-star analyst with an average return of 9.4% and a 55.7% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Axalta Coating Systems, and Venator Materials Plc.

Currently, the analyst consensus on LyondellBasell is a Moderate Buy with an average price target of $90.80.

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Itron Inc (ITRI)

Robert W. Baird analyst Ben Kallo maintained a Buy rating on Itron Inc today and set a price target of $80. The company’s shares closed last Monday at $75.63, close to its 52-week high of $75.68.

According to TipRanks.com, Kallo is a 4-star analyst with an average return of 7.3% and a 57.1% success rate. Kallo covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Darling Ingredients, and Cabot Corporation.

Currently, the analyst consensus on Itron Inc is a Strong Buy with an average price target of $75.80.

Corning Inc (GLW)

Morgan Stanley analyst James Faucette maintained a Buy rating on Corning Inc today and set a price target of $34. The company’s shares closed last Monday at $28.23, close to its 52-week low of $26.78.

According to TipRanks.com, Faucette is a 5-star analyst with an average return of 12.6% and a 77.3% success rate. Faucette covers the Technology sector, focusing on stocks such as Automatic Data Processing, Paypal Holdings, and Qualcomm Inc.

Corning Inc has an analyst consensus of Moderate Buy, with a price target consensus of $32.31, representing a 14.5% upside. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $33 price target.

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