New Consumer Goods Stock Price Targets in December: MWV, ABD

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Consumer Goods sector for the week ending December 9th, 2011.

  • MeadWestvaco (NYSE:MWV): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $36 on Dec 9th. The shares recently traded at $28.75, down $0.67, or 2.28% since the analyst’s rating. About the company: MeadWestvaco Corporation is a global packaging company that provides packaging solutions to the healthcare, personal and beauty care, food, beverage, tobacco, media and entertainment, and home and garden industries. The Company’s other operations serve the consumer and office products, specialty chemicals, forestry and real estate markets. Get the most recent company news and stock data here >>
  • ACCO Brands (NYSE:ABD): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $13 on Dec 9th. The shares recently traded at $9.79, down $0.18, or 1.81% since the analyst’s rating. About the company: Acco Brands Corporation manufactures office products. The Company produces staplers, daily scheduling diaries, shredders, laminating equipment, and presentation boards. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet