The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 15 "hold" and 4 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "hold"
Wall Street's median 12-month price target for Kraft Heinz Co is $24.00, about 9.9% below its August 4 closing price of $26.64
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago