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Wells Fargo Remains a Hold on Kraft Heinz (KHC)
In a report released yesterday, from Wells Fargo maintained a Hold rating on Kraft Heinz, with a price target of $23.00. The company’s shares closed yesterday at $22.33.
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Kraft Heinz has an analyst consensus of Moderate Sell, with a price target consensus of $23.79.
Based on Kraft Heinz’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $6.35 billion and a net profit of $651 million. In comparison, last year the company earned a revenue of $6.58 billion and had a net profit of $2.13 billion
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