Brokerage Firm Rating Update on The Kraft Heinz Company (KHC)

The Kraft Heinz Company (KHC) : The consensus on The Kraft Heinz Company (KHC) based on 12 analyst recommendation on the company stock is 1.54, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on The Kraft Heinz Company (KHC).

The Kraft Heinz Company (KHC) : Average target price received by The Kraft Heinz Company (KHC) is $100.11 with an expected standard deviation of $6.55. The most aggressive target on the stock is $114, whereas the most downbeat target is $92. 9 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Morgan Stanley maintains its rating on The Kraft Heinz Company (NASDAQ:KHC). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Morgan Stanley raises the price target from $97 per share to $100 per share. The rating by the firm was issued on August 31, 2016.

The Kraft Heinz Company (NASDAQ:KHC): The stock opened at $89.23 and touched an intraday high of $89.81 on Wednesday. During the day, the stock corrected to an intraday low of $88.96, however, the bulls stepped in and pushed the price higher to close in the green at $89.79 with a gain of 0.06% for the day. The total traded volume for the day was 3,344,795. The stock had closed at $89.74 in the previous trading session.

The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.

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