.png "Kraft Heinz (NASDAQ: KHC)")
Jefferies analyst Robert Dickerson maintained a Hold rating on Kraft Heinz (KHC) yesterday and set a price target of $27.00. The company’s shares closed last Monday at $25.91.
According to TipRanks.com, Dickerson is a 1-star analyst with an average return of -6.8% and a 25.0% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.
The word on The Street in general, suggests a Hold analyst consensus rating for Kraft Heinz with a $27.92 average price target, which is a 7.4% upside from current levels. In a report issued on March 23, Morgan Stanley also maintained a Hold rating on the stock with a $24.00 price target.
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The company has a one-year high of $33.78 and a one-year low of $19.99. Currently, Kraft Heinz has an average volume of 9.94M.
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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. 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.
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