Kraft Heinz (KHC, Financial) has announced a significant investment of $3 billion aimed at modernizing its manufacturing facilities across the United States. This strategic move is intended to enhance operational efficiency and reduce costs, according to Pedro Navio, the company's North American president. By upgrading its plants, Kraft Heinz aims to mitigate the impact of tariffs imposed under previous trade policies, ultimately strengthening its competitiveness in the market.
Based on the one-year price targets offered by 21 analysts, the average target price for The Kraft Heinz Co (KHC, Financial) is $30.59 with a high estimate of $53.34 and a low estimate of $26.00. The average target implies an upside of 12.37% from the current price of $27.22. More detailed estimate data can be found on the The Kraft Heinz Co (KHC) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, The Kraft Heinz Co's (KHC, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Kraft Heinz Co (KHC, Financial) in one year is $34.68, suggesting a upside of 27.41% from the current price of $27.22. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Kraft Heinz Co (KHC) Summary page.
