Kraft Heinz (KHC) Upgraded at Vetr
Kraft Heinz (NASDAQ:KHC) was upgraded by stock analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research note issued on Monday. The firm presently has a $85.31 target price on the stock. Vetr‘s target price points to a potential upside of 14.88% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. UBS Group reaffirmed a “buy” rating and issued a $89.00 target price (down previously from $97.00) on shares of Kraft Heinz in a research note on Friday, October 13th. Jefferies Group assumed coverage on Kraft Heinz in a research note on Friday, January 19th. They issued a “buy” rating and a $95.00 target price on the stock. Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Monday, December 18th. BidaskClub raised Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Finally, BMO Capital Markets reduced their target price on Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating on the stock in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Kraft Heinz has a consensus rating of “Buy” and a consensus price target of $92.27.
Shares of Kraft Heinz (NASDAQ:KHC) traded down $2.93 during trading hours on Monday, hitting $74.26. The stock had a trading volume of 5,361,149 shares, compared to its average volume of 3,660,000. The stock has a market cap of $90,470.00 and a price-to-earnings ratio of 23.13. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. Kraft Heinz has a fifty-two week low of $74.18 and a fifty-two week high of $97.77.
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About Kraft Heinz
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.
To view Vetr’s full report, visit Vetr’s official website.
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