Analysts Offer Insights on Consumer Goods Companies: Diageo (OtherDGEAF) and Rite Aid (RAD)

Stock Market

Analysts fell to the sidelines weighing in on Diageo (DGEAFResearch Report) and Rite Aid (RADResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Diageo (DGEAF)

In a report issued on December 14, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on Diageo, with a price target of £43.50. The company’s shares closed last Friday at $51.33, close to its 52-week high of $53.76.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -0.8% and a 50.7% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Nestlé SA, and Essity AB.

Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $56.75.

See the top stocks recommended by analysts >>

Rite Aid (RAD)

Deutsche Bank analyst George Hill maintained a Hold rating on Rite Aid on December 16 and set a price target of $15.00. The company’s shares closed last Friday at $12.05, close to its 52-week low of $11.50.

According to TipRanks.com, Hill is a 4-star analyst with an average return of 6.9% and a 53.7% success rate. Hill covers the Healthcare sector, focusing on stocks such as AmerisourceBergen, Molina Healthcare, and 1Life Healthcare.

Currently, the analyst consensus on Rite Aid is a Moderate Sell with an average price target of $13.00.

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