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Analysts Are Bullish on These Consumer Goods Stocks: Stellantis (STLA), PUMA SE NPV (PMMAF)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Stellantis (STLAResearch Report) and PUMA SE NPV (PMMAFResearch Report) with bullish sentiments.

Stellantis (STLA)

In a report released today, Jose Asumendi from J.P. Morgan maintained a Buy rating on Stellantis, with a price target of EUR27.00. The company’s shares closed last Wednesday at $20.26.

According to TipRanks.com, Asumendi is a 4-star analyst with an average return of 10.0% and a 58.2% success rate. Asumendi covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Daimler.

Currently, the analyst consensus on Stellantis is a Strong Buy with an average price target of $27.54, representing a 36.2% upside. In a report issued on October 19, Goldman Sachs also maintained a Buy rating on the stock with a EUR26.00 price target.

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PUMA SE NPV (PMMAF)

In a report released today, Jörg Philipp Frey from Warburg Research maintained a Buy rating on PUMA SE NPV, with a price target of EUR127.00. The company’s shares closed last Wednesday at $124.80, close to its 52-week high of $131.17.

Frey has an average return of 39.1% when recommending PUMA SE NPV.

According to TipRanks.com, Frey is ranked #1184 out of 7713 analysts.

PUMA SE NPV has an analyst consensus of Moderate Buy, with a price target consensus of $135.02, which is a 12.0% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a EUR135.00 price target.

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