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Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Walmart (WMT) and Kraft Heinz (KHC)

Tipranks - Tipranks - Tue Jun 9, 7:56AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Walmart (WMT) and Kraft Heinz (KHC).

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Walmart (WMT)

In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Walmart, with a price target of $140.00. The company’s shares closed last Friday at $118.88.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 3.3% and a 49.1% success rate. Feldman covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, aka Brands Holding Corp, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walmart with a $141.75 average price target, a 19.8% upside from current levels. In a report issued on June 6, TipRanks – Google also upgraded the stock to Buy with a $130.00 price target.

See today’s best-performing stocks on TipRanks >>

Kraft Heinz (KHC)

In a report issued on June 5, Taylor Conrad from Argus Research maintained a Hold rating on Kraft Heinz. The company’s shares closed last Friday at $22.58.

According to TipRanks.com, Conrad is a 4-star analyst with an average return of 7.0% and a 56.4% success rate. Conrad covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, Kimberly Clark, and Coca-Cola. ;'>

Currently, the analyst consensus on Kraft Heinz is a Moderate Sell with an average price target of $22.13, which is a -0.7% downside from current levels. In a report issued on May 22, TipRanks – Google also downgraded the stock to Hold with a $26.00 price target.

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