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 range between the high target price and low target price is between 48 and 35 suggesting an average Analsyt target price of $42.67. Now with the previous closing price of $38.39 this would indicate that there is a potential upside of 11.1%. It’s also worth noting that there is a 50 day moving average of $39.14 while the 200 day moving average is $38.15. The company has a market cap of $47,794m. Find out more information at: https://www.kraftheinzcompany.com
The potential market cap would be $53,123m 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 4.14% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.35, revenue per share of 21.6 and a 3.45% return on assets.
