Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Hold rating on Kraft Heinz (NASDAQ:KHC) on Monday, setting a price target of $38, which is approximately 9.50% below the present share price of $41.99.
Dickerson expects Kraft Heinz to post earnings per share (EPS) of $0.84 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Kraft Heinz, with an average price target of $41.33.
The analysts price targets range from a high of $47 to a low of $35.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $6.94 billion and a net profit of $1.55 billion. The company's market cap is $51.36 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.2% and a 74.16% 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.