Analysts Offer Insights on Consumer Goods Companies: Procter & Gamble (NYSE: PG), Aptiv PLC (NYSE: APTV) and Pilgrim’s Pride (NASDAQ: PPC)

By Austin Angelo

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Procter & Gamble (PGResearch Report), Aptiv PLC (APTVResearch Report) and Pilgrim’s Pride (PPCResearch Report) with bullish sentiments.

Procter & Gamble (PG)

In a report issued on July 31, Lauren Lieberman from Barclays maintained a Buy rating on Procter & Gamble, with a price target of $134. The company’s shares closed on Friday at $116.44, close to its 52-week high of $121.76.

According to TipRanks.com, Lieberman is a 3-star analyst with an average return of 1.5% and a 54.2% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Constellation Brands Inc, and Edgewell Personal Care.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Procter & Gamble with a $122.67 average price target, representing a 5.4% upside. In a report issued on July 31, Morgan Stanley also maintained a Buy rating on the stock with a $129 price target.

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Aptiv PLC (APTV)

In a report issued on August 1, Brian Johnson from Barclays maintained a Buy rating on Aptiv PLC, with a price target of $98. The company’s shares closed on Friday at $83.25.

According to TipRanks.com, Johnson is a 1-star analyst with an average return of -0.8% and a 49.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.

Currently, the analyst consensus on Aptiv PLC is a Strong Buy with an average price target of $95.67, representing a 14.9% upside. In a report issued on August 1, Jefferies also reiterated a Buy rating on the stock with a $108 price target.

Pilgrim’s Pride (PPC)

Barclays analyst Benjamin Theurer maintained a Buy rating on Pilgrim’s Pride on August 1 and set a price target of $33. The company’s shares closed on Friday at $29.12, close to its 52-week high of $29.73.

According to TipRanks.com, Theurer is a 3-star analyst with an average return of 5.4% and a 57.7% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Sanderson Farms, Tyson Foods, and BRF SA.

Currently, the analyst consensus on Pilgrim’s Pride is a Moderate Buy with an average price target of $36, implying a 23.6% upside from current levels. In a report issued on August 2, Mizuho Securities also maintained a Buy rating on the stock with a $34 price target.

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