Jefferies analyst Robert Dickerson maintained a Hold rating on Kraft Heinz (KHC) today and set a price target of $32.00. The company’s shares closed last Thursday at $30.04.
According to TipRanks.com, Dickerson is a 2-star analyst with an average return of 0.2% and a 55.6% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as The Simply Good Foods Company, Lamb Weston Holdings, and McCormick & Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kraft Heinz with a $35.86 average price target.
See today’s analyst top recommended stocks >>
Based on Kraft Heinz’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $6.65 billion and GAAP net loss of $1.65 billion. In comparison, last year the company earned revenue of $6.41 billion and had a net profit of $449 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. Its products include condiments and sauces, cheese and dairy, ambient meals, frozen and chilled meals, and for infant and nutrition. The company was founded on July 2, 2015 and is headquartered in Pittsburgh, PA.
Read More on KHC:
