Kraft Heinz (NASDAQ:KHC) received a $80.00 price objective from Susquehanna Bancshares in a report issued on Monday. The brokerage presently has a “hold” rating on the stock. Susquehanna Bancshares’ target price would indicate a potential upside of 12.08% from the stock’s previous close.
A number of other analysts have also recently weighed in on KHC. Zacks Investment Research raised shares of Kraft Heinz from a “sell” rating to a “hold” rating in a report on Friday, December 29th. BidaskClub raised shares of Kraft Heinz from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Morgan Stanley cut their price objective on shares of Kraft Heinz from $92.00 to $88.00 and set an “overweight” rating on the stock in a report on Friday, November 3rd. Citigroup cut their price objective on shares of Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating on the stock in a report on Thursday, November 2nd. Finally, Vetr raised shares of Kraft Heinz from a “buy” rating to a “strong-buy” rating and set a $85.31 price objective on the stock in a report on Monday, February 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $92.27.
Shares of Kraft Heinz (KHC) traded down $0.20 during trading hours on Monday, reaching $71.38. 6,871,000 shares of the company traded hands, compared to its average volume of 4,326,778. The firm has a market capitalization of $86,974.24, a PE ratio of 22.24, a price-to-earnings-growth ratio of 1.92 and a beta of 0.43. Kraft Heinz has a 52-week low of $70.25 and a 52-week high of $97.77. The company has a current ratio of 0.77, a quick ratio of 0.43 and a debt-to-equity ratio of 0.48.
Kraft Heinz Company Profile
The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.
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