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Analysts Are Neutral on These Consumer Goods Stocks: Kraft Heinz (KHC), Archer Daniels Midland (ADM)

Tipranks - Thu May 7, 3:40PM CDT

Analysts fell to the sidelines weighing in on Kraft Heinz (KHC) and Archer Daniels Midland (ADM) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Kraft Heinz (KHC)

Jefferies analyst Scott Marks CFA reiterated a Hold rating on Kraft Heinz today and set a price target of $21.00. The company’s shares closed last Wednesday at $23.07.

According to TipRanks.com, CFA has 0 stars on 0-5 stars ranking scale with an average return of -12.6% and a 31.3% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Kraft Heinz with a $22.27 average price target, a -3.9% downside from current levels. In a report issued on May 1, Bernstein also maintained a Hold rating on the stock.

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Archer Daniels Midland (ADM)

In a report released today, Andrew Strelzik from BMO Capital maintained a Hold rating on Archer Daniels Midland, with a price target of $73.00. The company’s shares closed last Wednesday at $78.02.

According to TipRanks.com, Strelzik is a 4-star analyst with an average return of 4.3% and a 54.5% success rate. Strelzik covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Darden Restaurants. ;'>

Archer Daniels Midland has an analyst consensus of Moderate Sell, with a price target consensus of $73.40, representing a -7.2% downside. In a report released today, Barclays also maintained a Hold rating on the stock with a $85.00 price target.

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