Key Takeaways:
- Kraft Heinz (KHC, Financial) is gearing up for a strategic transformation by splitting into two distinct entities.
- Analysts predict an upside potential of 13.49% for the stock, with an average target price of $30.39.
- The estimated GF Value indicates a promising 29.9% upside in the coming year.
Kraft Heinz Co (KHC) is poised for a significant strategic shift as it plans to divide into two separate entities. This move comes as a response to declining sales, with one division focusing on grocery products and valued at an estimated $20 billion. Despite the company's shares hitting a five-year low due to sluggish performance, the split is projected to be finalized within weeks, signaling a potential turning point for the business.
Wall Street Analysts Forecast
The consensus among 21 analysts offering one-year price targets for The Kraft Heinz Co (KHC, Financial) suggests an average target price of $30.39. This projection features a high estimate of $55.60 and a low estimate of $26.00. The average target price indicates a prospective upside of 13.49% from the current trading price of $26.78. Investors can delve deeper into these estimates on the The Kraft Heinz Co (KHC) Forecast page.
According to the consensus from 24 brokerage firms, The Kraft Heinz Co's (KHC, Financial) average brokerage recommendation stands at 3.1, reflecting a "Hold" status. The brokerage recommendation scale varies from 1 to 5, where 1 means Strong Buy and 5 indicates Sell.
GuruFocus estimates reveal that the GF Value for The Kraft Heinz Co (KHC, Financial) over the next year is $34.78. This assessment suggests a notable upside of 29.9% from the current share price of $26.775. The GF Value, a proprietary GuruFocus metric, estimates the stock's fair trading value based on historical trading multiples, past business growth, and future business performance projections. For more insights, investors are encouraged to explore the detailed data available on the The Kraft Heinz Co (KHC) Summary page.
