Analysts Offer Insights on Consumer Goods Companies: Nike (NYSE: NKE) and Huntsman Corp (NYSE: HUN)

By Austin Angelo

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Nike (NYSE: NKE) and Huntsman Corp (NYSE: HUN).

Nike (NYSE: NKE)

In a report released today, Tom Nikic from Wells Fargo maintained a Hold rating on Nike (NYSE: NKE), with a price target of $55. The company’s shares opened today at $52.78.

According to TipRanks.com, Nikic is ranked #3483 out of 4651 analysts.

Currently, the analyst consensus on Nike is Moderate Buy and the average price target is $59.93, representing a 13.5% upside.

In a report issued on September 14, FBR Capital also assigned a Hold rating to the stock with a $53 price target.
Huntsman Corp (NYSE: HUN)

Nomura analyst Aleksey Yefremov maintained a Buy rating on Huntsman Corp (NYSE: HUN) today and set a price target of $34. The company’s shares opened today at $28.60, close to its 52-week high of $28.67.

According to TipRanks.com, Yefremov is a 5-star analyst with an average return of 19.4% and a 80.3% success rate. Yefremov covers the Consumer Goods sector, focusing on stocks such as Platform Specialty Products, Westlake Chemical Corp, and Axalta Coating Systems.

Huntsman Corp has an analyst consensus of Strong Buy, with a price target consensus of $31.75.

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