Impact of Brokerage Rating on The Kraft Heinz Company(KHC)

Many The Kraft Heinz Company(KHC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Kraft Heinz Co was Upgraded by Citigroup to Neutral on Jan 11, 2017.

Company has reported several Insider transactions to the SEC, on Nov 20, 2015, Jeanne P Jackson (director) purchased 4,330 shares at 75.40 per share price.

Kraft Heinz Co Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.74. The company had revenue of $6267.00 million for the quarter, compared to analysts expectations of $6296.95 million. The companys revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

The Kraft Heinz Company (NASDAQ:KHC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.46 by 12 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

The Kraft Heinz Company (NASDAQ:KHC): The mean short term price target for The Kraft Heinz Company (NASDAQ:KHC) has been established at $98.9 per share. The higher price target estimate is at $114 and the lower price target estimate is expected at $91 according to 10 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $6.71

The Kraft Heinz Company (NASDAQ:KHC) rose 0.25% or 0.23 points on Tuesday and made its way into the gainers of the day. After trading began at $90.57 the stock was seen hitting $91.0625 as a peak level and $90.1 as the lowest level. The stock ended up at $90.81. The daily volume was measured at 2,323,242 shares. The 52-week high of the share price is $91.0625 and the 52-week low is $71.825. The company has a market cap of $110,540 million.

The Kraft Heinz Company is a food and beverage company. 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. The Kraft Heinz Company formerly known as Kraft Foods Group, Inc., is based in PITTSBURGH, United States.

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