Key Events for Consumer Stocks on January 15–19

Key events

 The following chart shows upcoming events in the consumer sector this week.

 Key Events for Consumer Stocks on January 15–19

Analysts’ rating and price changes last week

On January 8, MoffettNathanson upgraded Charter Communications (CHTR) from “neutral” to “buy.” Of the analysts surveyed, 74% rated the stock as a “buy,” 22% rated it as a “hold,” and 4% rated it as a “sell.”

On January 8, Berenberg upgraded Carmax (KMX) to “buy” from “hold.” Of the analysts surveyed, 47% rated the stock as a “buy,” 41% rated it as a “hold,” and 12% rated it as a “sell.”

On January 9, Credit Suisse upgraded Carnival (CCL) to “outperform” from “neutral” and raised the target price to $78.1 from $72.4. BofA Merrill Lynch also raised the target price to $82.2 from $73.2. Of the analysts surveyed, 64% rated the stock as a “buy,” while 36% rated it as a “hold.” None of the analysts rated it as a “sell.”

On January 10, Barclays started with an “overweight” rating and target price of $255 for Constellation Brands (STZ). Of the analysts surveyed, 73% rated the stock as a “buy,” 27% rated it as a “hold,” and no analysts rated it as a “sell.”

On January 10, Barclays started with an “equal weight” rating for Brown-Forman (BF-B) and a target price of $72. Of the analysts surveyed, no analysts rated the stock as a “buy,” 89% rated it as a “hold,” and 11% rated it as a “sell.”

On January 10, Pivotal Research downgraded Discovery Communications (DISCA) to “hold” from “buy” and cut the target price to $25 from $26. Of the analysts surveyed, 21% rated the stock as a “buy,” 67% rated it as a “hold,” and 13% rated it as a “sell.”

On January 11, Berenberg upgraded Royal Caribbean Cruises (RCL) to “buy” from “hold.” Of the analysts surveyed, 77% rated the stock as a “buy,” 23% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On January 11, Morgan Stanley upgraded Expedia (EXPE) to “overweight” from “equal weight” and reduced the target price to $160 from $170. Of the analysts surveyed, 77% rated the stock as a “buy,” 23% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On January 11, Wedbush downgraded Tractor Supply Company (TSCO) to “neutral” from “outperform” and raised the target price to $80 from $72. Of the analysts surveyed, 27% rated the stock as a “buy,” 73% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On January 12, RBC downgraded Signet Jewelers (SIG) to “sector perform” from “outperform” and cut the target price to $55 from $60. Of the analysts surveyed, 2% rated the stock as a “buy,” 77% rated it as a “hold,” and none of the analysts rated it as a “sell.”

For more information, visit Market Realist’s Consumer Discretionary and Consumer Staples pages.