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Shares of Kraft Foods Group (NASDAQ:KRFT) saw unusually large options trading activity on Monday. Investors purchased 25,728 call options on the stock, Stock Ratings reports. This is an increase of approximately 1,401% compared to the typical daily volume of 1,714 call options.

Several analysts have recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Kraft Foods Group from $61.00 to $65.00 in a research note on Friday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Kraft Foods Group in a research note on Monday, June 2nd. They now have a $62.00 price target on the stock, up previously from $60.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Kraft Foods Group in a research note on Monday, May 5th. They now have a $59.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Kraft Foods Group currently has a consensus rating of “Buy” and a consensus price target of $60.88.

Kraft Foods Group (NASDAQ:KRFT) traded up 1.19% during mid-day trading on Monday, hitting $60.43. 3,984,008 shares of the company’s stock traded hands. Kraft Foods Group has a one year low of $50.54 and a one year high of $59.88. The stock’s 50-day moving average is $57.52 and its 200-day moving average is $55.10. The company has a market cap of $35.974 billion and a P/E ratio of 12.99.

Kraft Foods Group (NASDAQ:KRFT) last released its earnings data on Thursday, May 1st. The company reported $0.85 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.09. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.45 billion. During the same quarter last year, the company posted $0.76 earnings per share. Kraft Foods Group’s revenue was down 3.3% compared to the same quarter last year. On average, analysts predict that Kraft Foods Group will post $3.19 earnings per share for the current fiscal year.

Kraft Foods Group, Inc (NASDAQ:KRFT) operates food and beverage businesses in North America.

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