FMCG Stocks to Buy: Consumer sector stocks have delivered mixed returns in recent months, but several continue to attract positive analyst recommendations despite market volatility. According to analyst consensus data compiled by INDmoney, a number of large- and mid-cap consumer stocks still offer upside potential based on their target prices. Varun Beverages Ltd tops the list with an estimated upside potential of 28.96 per cent, followed by Tata Consumer Products Ltd, United Spirits Ltd, Marico Ltd and Nestle India Ltd, while Radico Khaitan Ltd is the only stock trading above its consensus target price, indicating a downside potential.
Here’s a look at these six consumer stocks, along with their current market prices (CMP), analyst ratings, target prices and the potential gains implied by analysts’ estimates.
According to data compiled by INDmoney, Radico Khaitan Ltd has delivered the highest three-year return among the selected consumer sector stocks at 197.68 per cent. It is followed by Marico Ltd with 58.69 per cent, United Spirits Ltd with 41.70 per cent, Varun Beverages Ltd with 41.29 per cent, Tata Consumer Products Ltd with 26.52 per cent and Nestle India Ltd with 24.42 per cent over the past three years.
