Do Analysts Agree Tuesday on Kraft Heinz Co (KHC) Stock's Target Price?

Tuesday, November 21, 2023 02:32 PM | InvestorsObserver Analysts

Mentioned in this article

Wall Street is positive on Kraft Heinz Co (KHC). On average, analysts give KHC a Buy rating. The average price target is $38.142, which means analysts expect the stock to gain by 11.40% over the next twelve months. That average ranking earns KHC an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating KHC a Buy today. Find out what this means to you and get the rest of the rankings on KHC!
See Full KHC Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Kraft Heinz Co Stock Today?

Kraft Heinz Co (KHC) stock has risen 1.32% while the S&P 500 is lower by -0.2% as of 2:30 PM on Tuesday, Nov 21. KHC is higher by $0.44 from the previous closing price of $33.79 on volume of 3,579,779 shares. Over the past year the S&P 500 is higher by 14.90% while KHC is lower by -10.93%. KHC earned $2.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.15. Click Here to get the full Stock Report for Kraft Heinz Co stock.

Share this article:

Related Articles