Barclays Keeps a Hold Rating on Kraft Heinz (KHC)

In a report issued on June 10, Andrew Lazar from Barclays maintained a Hold rating on Kraft Heinz (KHCResearch Report), with a price target of $32. The company’s shares closed yesterday at $30.24, close to its 52-week low of $26.96.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 8.1% and a 66.9% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.

Kraft Heinz has an analyst consensus of Hold, with a price target consensus of $33.40, implying a 10.4% upside from current levels. In a report issued on May 31, Piper Jaffray also upgraded the stock to Hold with a $31 price target.

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The company has a one-year high of $64.99 and a one-year low of $26.96. Currently, Kraft Heinz has an average volume of 9.3M.

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