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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Yum! Brands (YUM), Ambev SA (ABEV) and Kraft Heinz (KHC)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Yum! Brands (YUMResearch Report), Ambev SA (ABEVResearch Report) and Kraft Heinz (KHCResearch Report).

Yum! Brands (YUM)

Bernstein analyst Danilo Gargiulo maintained a Buy rating on Yum! Brands yesterday and set a price target of $144.00. The company’s shares closed last Wednesday at $121.30.

According to TipRanks.com, Gargiulo is ranked #6267 out of 8565 analysts.

Yum! Brands has an analyst consensus of Moderate Buy, with a price target consensus of $139.31, a 14.3% upside from current levels. In a report issued on October 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $135.00 price target.

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Ambev SA (ABEV)

In a report released yesterday, Nadine Sarwat from Bernstein maintained a Buy rating on Ambev SA. The company’s shares closed last Wednesday at $2.58.

According to TipRanks.com, Sarwat is ranked #5054 out of 8565 analysts.

Ambev SA has an analyst consensus of Strong Buy, with a price target consensus of $3.35.

Kraft Heinz (KHC)

Bernstein analyst Alexia Howard maintained a Hold rating on Kraft Heinz yesterday and set a price target of $40.00. The company’s shares closed last Wednesday at $32.20, close to its 52-week low of $30.68.

According to TipRanks.com, Howard is a 3-star analyst with an average return of 3.9% and a 57.7% success rate. Howard covers the Consumer Goods sector, focusing on stocks such as Campbell Soup, General Mills, and Tyson Foods.

Currently, the analyst consensus on Kraft Heinz is a Moderate Buy with an average price target of $37.71, a 19.9% upside from current levels. In a report issued on October 24, Jefferies also maintained a Hold rating on the stock with a $32.00 price target.

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