CNBC Pro screened almost 1,500 large and mid-cap global stocks and found a number of major companies with sell or underweight ratings.
Seven of the stocks — all part of the MSCI World Index — have analysts' price targets below their current share price, according to FactSet data. Equity analysts at investment banks and research firms rate stocks as sell or underweight if they believe the shares will perform poorly over the next 12 months. Let's take a look at the two U.S.
4% below the current share price, but 11 out of 14 analysts covering the stock give it a sell or underweight rating. Earlier this year, company CEO Linda Rendle told CNBC that the company's products, which include Brita water filters and Burt's Bees, are " household essentials " and it can withstand high inflation and tough economic times. However, analysts at Atlantic Equities suggest the company faces downside risks from a rising dollar.
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