L Brands (LB) is one of the many stocks that went through the roof this year and delivered exceptional returns. The easing of pandemic-led restrictions and government stimulus payments aided L
L Brands (LB) is one of the many stocks that went through the roof this year and delivered exceptional returns. The easing of pandemic-led restrictions and government stimulus payments aided L
Shares of L Brands (LB) dropped 2% in the extended trading session on Tuesday after it announced the commencement of an underwritten secondary offering of 20 million shares of its
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on L Brands (LB – Research Report) and Nike (NKE – Research Report).
L Brands (LB)
In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on L Brands, with a price target of $79.00. The company’s shares closed last Tuesday at $74.12, close to its 52-week high of $77.87.
According to TipRanks.com, Telsey is a 4-star analyst with an average return of
L Brands has an analyst consensus of Moderate Buy, with a price target consensus of $79.73, representing a 4.7% upside. In a report released today, RBC Capital also maintained a Hold rating on the stock with a $75.00 price target.
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Nike (NKE)
In a report released today, Randal Konik from Jefferies reiterated a Buy rating on Nike, with a price target of $200.00. The company’s shares closed last Tuesday at $161.59, close to its 52-week high of $162.43.
According to TipRanks.com, Konik is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nike with a $183.83 average price target, implying a 13.9% upside from current levels. In a report issued on July 7, HSBC also maintained a Buy rating on the stock with a $205.00 price target.
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There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Altria Group (MO – Research Report), L Brands (LB – Research Report) and Diageo (DGEAF – Research Report) with bullish sentiments.
Altria Group (MO)
In a report issued on July 9, Stephen Powers from Deutsche Bank reiterated a Buy rating on Altria Group, with a price target of $54.00. The company’s shares closed last Tuesday at $46.84.
According to TipRanks.com, Powers is a 4-star analyst with an average return of
Altria Group has an analyst consensus of Moderate Buy, with a price target consensus of $54.57, representing a 15.0% upside. In a report issued on July 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $56.00 price target.
See today’s analyst top recommended stocks >>
L Brands (LB)
In a report released yesterday, Gabriella Carbone from Deutsche Bank reiterated a Buy rating on L Brands, with a price target of $99.00. The company’s shares closed last Tuesday at $74.12, close to its 52-week high of $77.87.
According to TipRanks.com, Carbone is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for L Brands with a $79.43 average price target, which is a 4.3% upside from current levels. In a report issued on July 12, J.P. Morgan also maintained a Buy rating on the stock with a $100.00 price target.
Diageo (DGEAF)
In a report released yesterday, Mitch Collett from Deutsche Bank reiterated a Buy rating on Diageo, with a price target of p4300.00. The company’s shares closed last Tuesday at $48.42, close to its 52-week high of $50.61.
Collett has an average return of
According to TipRanks.com, Collett is ranked #3329 out of 7592 analysts.
Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $49.41, which is a 2.0% upside from current levels. In a report issued on June 30, Credit Suisse also maintained a Buy rating on the stock with a £37.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on MO:
L Brands, Inc. (LB) reported better-than-expected first-quarter results, backed by continued momentum at both Bath & Body Works and Victoria’s Secret. L Brands is an international fashion retailer offering fragrance