The Kraft Heinz Company (KHC) : Zacks Investment Research ranks The Kraft Heinz Company (KHC) as 2, which is a Buy recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.5, which indicates as a Strong Buy.
The Kraft Heinz Company (KHC) : Currently there are 10 street experts covering The Kraft Heinz Company (KHC) stock. The most bullish and bearish price target for the stock is $105 and $89 respectively for the short term. The average price target of all the analysts comes to $97.1. The estimated standard deviation from the target is $4.68.
Company shares have received an average consensus rating of Hold for the current week The Kraft Heinz Company (NASDAQ:KHC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $89.71 and $89.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $90.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $89.44, notching a gain of 0.10% for the day. The total traded volume was 2,588,811 . The stock had closed at $89.35 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Kraft Heinz Co, Jackson Jeanne P had purchased shares worth of $326,482 in a transaction dated on October 28, 2015. A total of 4,330 shares were purchased at a price of $75.4 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.