Barclays (LON:BARC) analyst Andrew Lazar maintained a Hold rating on Kraft Heinz (NASDAQ:KHC) on Friday, setting a price target of $43, which is approximately 9.41% above the present share price of $39.3.
Lazar expects Kraft Heinz to post earnings per share (EPS) of $0.46 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Kraft Heinz, with an average price target of $42.11.
The analysts price targets range from a high of $44 to a low of $41.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $6.39 billion and a net profit of $1.32 billion. The company's market cap is $48.07 billion.
According to TipRanks.com, Barclays analyst Andrew Lazar is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.2% and a 66.67% success rate.
The Kraft Heinz Company is one of the world’s leading consumer packaged food and beverage companies. The company engages in manufacturing and marketing food and beverage products including condiments and sauces, dairy, meats, meals, refreshment beverages, coffee, and other grocery products.