Kraft Heinz Foods Co (NYSE:HNZ) had its price objective increased by investment analysts at Desjardins from $16.00 to $18.70 in a report issued on Wednesday. Desjardins’ price objective indicates a potential downside of 74.20% from the company’s previous close.

A number of other research analysts have also recently issued reports on the stock. TD Securities increased their target price on shares of Kraft Heinz Foods from $14.50 to $15.00 and gave the company a “hold” rating in a report on Thursday, July 6th. National Bank Financial increased their target price on shares of Kraft Heinz Foods from $17.50 to $18.00 and gave the company an “outperform” rating in a report on Thursday, August 17th.

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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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