Kraft Heinz Co (Symbol: KHC) shares recently traded at $42.00, surpassing the average 12-month analyst target price of $41.40. This milestone prompts analysts to consider either downgrading their valuation or adjusting their targets upwards. Currently, analyst price targets for KHC range from a low of $33.00 to a high of $48.00, with a standard deviation of $4.376.
Out of 10 analysts covering the stock, there are 2 strong buy ratings, 8 hold ratings, and no sell ratings. The average analyst rating is 2.6 on a scale where 1 is Strong Buy and 5 is Strong Sell. This data reflects the market sentiment and provides investors insight on whether to reassess the stock’s potential for further appreciation or consider profit-taking.
