Susquehanna Bancshares Analysts Give Kraft Heinz (KHC) a $80.00 Price Target
Kraft Heinz (NASDAQ:KHC) received a $80.00 price target from stock analysts at Susquehanna Bancshares in a research report issued on Monday. The firm presently has a “hold” rating on the stock. Susquehanna Bancshares’ price target suggests a potential upside of 12.08% from the stock’s previous close.
A number of other brokerages have also commented on KHC. Zacks Investment Research upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a report on Monday, December 18th. BMO Capital Markets cut their price target on Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating for the company in a report on Thursday, November 2nd. BidaskClub upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Citigroup cut their target price on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating for the company in a research note on Thursday, November 2nd. Finally, Vetr upgraded Kraft Heinz from a “buy” rating to a “strong-buy” rating and set a $85.31 target price for the company in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $92.27.
Shares of Kraft Heinz (NASDAQ:KHC) traded down $0.20 during mid-day trading on Monday, hitting $71.38. The stock had a trading volume of 6,871,000 shares, compared to its average volume of 4,324,479. Kraft Heinz has a one year low of $70.25 and a one year high of $97.77. The firm has a market capitalization of $86,974.24, a price-to-earnings ratio of 22.24, a PEG ratio of 1.92 and a beta of 0.43. The company has a current ratio of 0.77, a quick ratio of 0.43 and a debt-to-equity ratio of 0.48.
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About Kraft Heinz
The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.
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