The Kraft Heinz Company – Consensus Indicates Potential 14.6% Upside

Broker Ratings

The Kraft Heinz Company with ticker code (KHC) have now 21 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 49 and 33 calculating the average target price we see 40.86. Now with the previous closing price of 35.66 this would imply there is a potential upside of 14.6%. The 50 day MA is 37.45 while the 200 day moving average is 39.99. The market capitalisation for the company is $45,339m. Company Website: http://www.kraftheinzcompany.com

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, meals, meats and seafood, frozen and chilled foods, packaged drinking pouches, appetizers, nuts and salted snacks, refreshment beverages, coffee, infant and nutrition products, and other grocery products, as well as desserts, dressings, toppings, and baking. The company offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Velveeta, Lunchables, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, ABC, Master, Golden Circle, Quero, Plasmon, Wattie’s, Pudliszki, Classico, TGI Fridays, and Taco Bell Home Originals brand names. 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, foodservice distributors and institutions, including hotels, restaurants, hospitals, health care facilities, and government agencies; and online through 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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