The Kraft Heinz Company with ticker code (KHC) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 50 and 37 suggesting an average Analsyt target price of $43.72. Given that the stocks previous close was at $39.45 and the analysts are correct then we can expect a percentage increase in value of 10.8%. The 50 day moving average now sits at $38.86 and the 200 moving average now moves to $38.33. The market cap for the company is $49,387m. Company Website: https://www.kraftheinzcompany.com
The potential market cap would be $54,732m based on the market consensus.
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 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, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, 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 based in Pittsburgh, Pennsylvania.
The company has a dividend yield of 4.06% with the ex dividend date set at 9-3-2023 (DMY).
