Several other research firms also recently commented on KHC. Zacks Investment Research raised shares of Kraft Heinz from a sell rating to a hold rating in a report on Monday, December 18th. BMO Capital Markets dropped their price objective on shares of Kraft Heinz from $96.00 to $82.00 and set a market perform rating on the stock in a report on Thursday, November 2nd. BidaskClub raised shares of Kraft Heinz from a sell rating to a hold rating in a report on Friday, November 10th. Susquehanna Bancshares set a $80.00 price objective on shares of Kraft Heinz and gave the company a hold rating in a report on Monday. Finally, Citigroup dropped 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Kraft Heinz presently has an average rating of Buy and an average price target of $92.08.
Shares of Kraft Heinz (NASDAQ KHC) traded up $0.21 during trading hours on Wednesday, hitting $71.92. 5,502,900 shares of the company were exchanged, compared to its average volume of 4,348,915. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.48. The stock has a market cap of $87,376.34, a P/E ratio of 22.40, a P/E/G ratio of 1.93 and a beta of 0.43. Kraft Heinz has a 52 week low of $70.25 and a 52 week high of $97.77.
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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