Analysts Are Bullish on Top Consumer Goods Stocks: Ebay (EBAY), Freshpet (FRPT)

There’s a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Ebay (EBAYResearch Report), Freshpet (FRPTResearch Report) and On Holding AG (ONONResearch Report) with bullish sentiments.

Ebay (EBAY)

Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Ebay on January 8 and set a price target of $50.00. The company’s shares closed last Wednesday at $46.61.

According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 9.1% and a 50.9% success rate. Sebastian covers the Technology sector, focusing on stocks such as Activision Blizzard, Alphabet Class C, and Alphabet Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ebay with a $48.94 average price target, representing a 7.1% upside. In a report issued on January 5, Wolfe Research also maintained a Buy rating on the stock with a $51.00 price target.

See the top stocks recommended by analysts >>

Freshpet (FRPT)

Robert W. Baird analyst Peter Benedict maintained a Buy rating on Freshpet on January 9 and set a price target of $70.00. The company’s shares closed last Wednesday at $59.84.

According to TipRanks.com, Benedict is a 5-star analyst with an average return of 14.5% and a 66.1% success rate. Benedict covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Bj’s Wholesale Club Holdings, and Williams-Sonoma.

Currently, the analyst consensus on Freshpet is a Strong Buy with an average price target of $78.33, a 32.7% upside from current levels. In a report issued on January 6, Cowen & Co. also maintained a Buy rating on the stock with a $80.00 price target.

On Holding AG (ONON)

In a report issued on January 9, Jonathan Komp from Robert W. Baird maintained a Buy rating on On Holding AG, with a price target of $31.00. The company’s shares closed last Wednesday at $20.54.

According to TipRanks.com, Komp is a 5-star analyst with an average return of 12.6% and a 52.8% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Wolverine World Wide, and Columbia Sportswear.

On Holding AG has an analyst consensus of Strong Buy, with a price target consensus of $27.86.

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