TD Securities Boosts Kraft Heinz Foods Co (HNZ) Price Target to $15.00
Kraft Heinz Foods Co (NYSE:HNZ) had its price objective hoisted by research analysts at TD Securities from $14.50 to $15.00 in a research report issued on Thursday, StockTargetPrices.com reports. The firm currently has a “hold” rating on the stock. TD Securities’ price target would indicate a potential downside of 79.31% from the company’s previous close.
Several other brokerages have also recently issued reports on HNZ. Desjardins lifted their price objective on shares of Kraft Heinz Foods from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, March 20th. Royal Bank Of Canada lifted their price objective on shares of Kraft Heinz Foods from $13.00 to $14.00 and gave the stock a “sector perform” rating in a research note on Monday, May 15th.
Kraft Heinz Foods Company Profile
H. J. Heinz Company, together with its subsidiaries, is engaged in manufacturing and marketing a range of food products throughout the world. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s products are manufactured and packaged to provide wholesome foods for consumers, as well as foodservice and institutional customers.
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