Analyst Ratings for Kraft Heinz
Portfolio Pulse from Benzinga Insights
Kraft Heinz (NASDAQ:KHC) has received mixed analyst ratings over the last quarter, with 1 bullish, 2 somewhat bullish, and 6 indifferent. The average 12-month price target among 9 analysts is $37.33, with a high of $42.00 and a low of $34.00. This target is a 6.68% decrease from the previous target of $40.00. Analyst ratings are based on financial analysis and are subject to human error.
December 11, 2023 | 2:00 pm
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Kraft Heinz has a mixed outlook from analysts, with a reduced average price target of $37.33, indicating a potential downside based on the previous target.
The reduction in the average price target for KHC suggests that analysts see less upside potential for the stock, which could lead to a negative short-term impact on its price. The mixed ratings with a majority being indifferent also indicate a lack of strong positive sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100