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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Kroger Company (KR), Kraft Heinz (KHC) and Colgate-Palmolive (CL)

Tipranks - Sun Jul 19, 8:22PM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Kroger Company (KR), Kraft Heinz (KHC) and Colgate-Palmolive (CL).

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Kroger Company (KR)

Wells Fargo analyst Edward Kelly maintained a Hold rating on Kroger Company on July 17 and set a price target of $58.00. The company’s shares closed last Friday at $58.82.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.8% and a 65.9% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Bj’s Wholesale Club Holdings, and Grocery Outlet Holding. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $70.33, representing a 17.8% upside. In a report issued on July 2, Barclays also maintained a Hold rating on the stock with a $61.00 price target.

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Kraft Heinz (KHC)

Bernstein analyst Alexia Burland Howard maintained a Sell rating on Kraft Heinz on July 17 and set a price target of $21.00. The company’s shares closed last Friday at $25.88.

According to TipRanks.com, Howard is ranked 0 out of 5 stars with an average return of -8.7% and a 39.0% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. ;'>

Kraft Heinz has an analyst consensus of Moderate Sell, with a price target consensus of $22.93, implying a -13.8% downside from current levels. In a report issued on July 10, Bank of America Securities also reiterated a Sell rating on the stock with a $23.00 price target.

Colgate-Palmolive (CL)

Bank of America Securities analyst Peter Galbo maintained a Buy rating on Colgate-Palmolive on July 17 and set a price target of $102.00. The company’s shares closed last Friday at $92.98.

According to TipRanks.com, Galbo is a 3-star analyst with an average return of 2.2% and a 54.5% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Constellation Brands, and Lamb Weston Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Colgate-Palmolive with a $97.53 average price target, implying a 3.0% upside from current levels. In a report issued on July 8, RBC Capital also maintained a Buy rating on the stock with a $102.00 price target.

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