Kraft Heinz (KHC) Stock Forecast & Price Target

$35.84

-0.29 (-0.80%)

(As of 09/6/2024 ET)

Kraft Heinz - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 13 Analyst Ratings

Based on 13 Wall Street analysts who have issued ratings for Kraft Heinz in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 1 has given a sell rating, 6 have given a hold rating, and 6 have given a buy rating for KHC.

Consensus Price Target

$37.31
4.10% Upside

High Forecast	$41.00
Average Forecast	$37.31
Low Forecast	$34.00

According to the 13 analysts' twelve-month price targets for Kraft Heinz, the average price target is $37.31. The highest price target for KHC is $41.00, while the lowest price target for KHC is $34.00. The average price target represents a forecasted upside of 4.10% from the current price of $35.84.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	3 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$37.31	$37.58	$40.08	$42.54
Forecasted Upside	4.10% Upside	11.34% Upside	14.56% Upside	10.87% Upside

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KHC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KHC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kraft Heinz Stock vs. The Competition

Type	Kraft Heinz	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.38	2.43	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	4.10% Upside	604.62% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/12/2024	The Goldman Sachs Group 2 of 5 stars	L. Jordan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$34.00	-3.60%
8/1/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$34.00 ➝ $36.00	+2.42%
8/1/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$34.00 ➝ $35.00	-0.31%
7/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$38.00 ➝ $37.00	+9.34%
7/31/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$43.00 ➝ $39.00	+15.25%
7/31/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$42.00 ➝ $38.00	+12.29%
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7/17/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$42.00 ➝ $38.00	+12.09%
7/10/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$42.00 ➝ $38.00	+19.05%
6/20/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$42.00 ➝ $41.00	+25.50%
11/14/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$40.00	+20.34%
11/2/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$39.00 ➝ $36.00	+7.43%
9/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$38.00	+10.18%
9/13/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$35.00	+4.29%
7/31/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$50.00 ➝ $47.00	+29.98%
5/4/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$44.00 ➝ $46.00	+13.81%
2/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Underperform	$36.00 ➝ $38.00	-5.00%
2/16/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$37.00 ➝ $40.00
11/15/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Max Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform ➝ Neutral	$39.00	+5.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:16 PM ET.

KHC Forecast - Frequently Asked Questions

What is Kraft Heinz's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Kraft Heinz is $37.31, with a high forecast of $41.00 and a low forecast of $34.00.
Should I buy or sell Kraft Heinz stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There is currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KHC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KHC, but not buy additional shares or sell existing shares.
Does Kraft Heinz's stock price have much upside?: According to analysts, Kraft Heinz's stock has a predicted upside of 10.14% based on their 12-month stock forecasts.
What analysts cover Kraft Heinz?: Kraft Heinz has been rated by research analysts at Bank of America, Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Piper Sandler, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Kraft Heinz more than its competitors?: Analysts like Kraft Heinz less than other "consumer staples" companies. The consensus rating score for Kraft Heinz is 2.38 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how KHC compares to other companies.