The Kraft Heinz Company (KHC) Receives Price Target

The Kraft Heinz Company (KHC) : The highest short term price target forecast on The Kraft Heinz Company (KHC) is $114 and the lowest target price is $92. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $99.78 with a standard deviation of $6.63.

The Kraft Heinz Company (KHC) : Zacks Investment Research ranks The Kraft Heinz Company (KHC) as 2, which is a Buy recommendation. 8 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 12 research analysts is 1.54, which indicates as a Buy.


Also, Susquehanna maintains their rating on the shares of The Kraft Heinz Company (NASDAQ:KHC). The current rating of the shares is Positive. Equity Analysts at the Firm lowers the price target to $114 per share from $118 per share. The rating by the firm was issued on August 26, 2016.

The Kraft Heinz Company (NASDAQ:KHC): The stock opened at $89.57 on Thursday but the bulls could not build on the opening and the stock topped out at $89.71 for the day. The stock traded down to $88.54 during the day, due to lack of any buying support eventually closed down at $89.48 with a loss of -0.01% for the day. The stock had closed at $89.49 on the previous day. The total traded volume was 2,215,474 shares.

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.

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