The Kraft Heinz Company (KHC) : Traders are bullish on The Kraft Heinz Company (KHC) as it has outperformed the S&P 500 by a wide margin of 0.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.91%, relative to the S&P 500. The stock has risen by 3.45% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.09% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 1.03%.The 200 Day SMA reached 11.86% The Kraft Heinz Company is up 5.57% in the last 3-month period. Year-to-Date the stock performance stands at 24.83%.
The Kraft Heinz Company (KHC) : The highest short term price target forecast on The Kraft Heinz Company (KHC) is $114 and the lowest target price is $92. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $100.11 with a standard deviation of $6.55.
Company shares have received an average consensus rating of Hold for the current week The Kraft Heinz Company (NASDAQ:KHC): stock was range-bound between the intraday low of $87.65 and the intraday high of $89.13 after having opened at $88.83 on Fridays session. The stock finally closed in the red at $88.83, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 4,476,758 shares. The stock failed to cross $89.13 in Fridays trading. The stocks closing price on Thursday was $88.94.
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.