Analysts Offer Insights on Consumer Goods Companies: WK Kellogg Co (KLG) and Kraft Heinz (KHC)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on WK Kellogg Co (KLG – Research Report) and Kraft Heinz (KHC – Research Report).
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WK Kellogg Co (KLG)
Barclays analyst Andrew Lazar maintained a Sell rating on WK Kellogg Co on July 11 and set a price target of $23.00. The company’s shares closed last Friday at $22.89.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of
Currently, the analyst consensus on WK Kellogg Co is a Moderate Sell with an average price target of $19.00, a -16.9% downside from current levels. In a report issued on July 9, Bank of America Securities also maintained a Sell rating on the stock.
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Kraft Heinz (KHC)
In a report released today, Robert Dickerson from Jefferies reiterated a Hold rating on Kraft Heinz, with a price target of $26.00. The company’s shares closed last Friday at $27.14.
According to TipRanks.com, Dickerson is a 4-star analyst with an average return of
Kraft Heinz has an analyst consensus of Hold, with a price target consensus of $28.77, a 9.5% upside from current levels. In a report issued on July 9, Bernstein also maintained a Hold rating on the stock.
Read More on KLG:
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- WK Kellogg upgraded to Hold from Sell at TD Cowen
- Hold Rating on WK Kellogg Co Amid Acquisition by Ferrero and Disappointing Financials
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- WK Kellogg upgraded to Neutral from Underperform at BNP Paribas Exane
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