The Kraft Heinz Company – Consensus Indicates Potential -1.6% Downside

Broker Ratings

The Kraft Heinz Company found using ticker (KHC) now have 20 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 48 and 37 calculating the mean target price we have 42.77. With the stocks previous close at 43.46 this would imply there is a potential downside of -1.6%. The 50 day MA is 40.63 and the 200 moving average now moves to 37.51. The company has a market capitalisation of $53,242m. Company Website: https://www.kraftheinzcompany.com

The potential market cap would be $52,397m based on the market concensus.

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The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers dressings, healthy snacks, and other categories; and spices and other seasonings. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, and foodservice distributors and institutions, including hotels, restaurants, hospitals, health care facilities, and government agencies; and online through various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

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