The Kraft Heinz Company (KHC) has risen sharply, recording gains of 2.06% in the past 4 weeks. However, the stock has corrected -1.95% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.28% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.34% and the fifty day Moving Average is 1.15%. The Kraft Heinz Company is up 5.55% in the last three month period. Year-to-Date the stock performance stands at 23.75%.
The Kraft Heinz Company (KHC) : 9 Wall Street analysts covering The Kraft Heinz Company (KHC) believe that the average level the stock could reach for the short term is $98. The maximum price target given is $105 and the minimum target for short term is around $92, hence the standard deviation is calculated at $3.94.
The Kraft Heinz Company (NASDAQ:KHC): On Fridays trading session , Opening price of the stock was $89.04 with an intraday high of $89.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $87.92. However, the stock managed to close at $88.17, a loss of 0.82% for the day. On the previous day, the stock had closed at $88.9. The total traded volume of the day was 1,863,591 shares.
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.