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Barclays analyst Andrew Lazar maintained a Buy rating on Kraft Heinz (KHC) yesterday and set a price target of $60. The company’s shares closed yesterday at $48.26, close to its 52-week low of $47.19.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of 6.3% and a 61.9% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, Post Holdings Inc, and TreeHouse Foods.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kraft Heinz with a $62.92 average price target.
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The company has a one-year high of $80.67 and a one-year low of $47.19. Currently, Kraft Heinz has an average volume of 6.54M.
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The Kraft Heinz Co. engages in the manufacture and market of food and beverage products. It operates through the following geographical segments: United States, Canada, EMEA, and Rest of the World. The Rest of the World segment is comprised of the Latin America and Asia Pacific segments.
