The Kraft Heinz Company with ticker code (KHC) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 48 and 35 calculating the average target price we see $42.89. Now with the previous closing price of $39.44 and the analysts are correct then we can expect a percentage increase in value of 8.7%. It’s also worth noting that there is a 50 day moving average of $38.88 and the 200 moving average now moves to $38.31. The total market capitalization for the company now stands at $48,295m. Find out more information at: https://www.kraftheinzcompany.com
The potential market cap would be $52,519m 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 4.08% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.61, revenue per share of 21.6 and a 3.45% return on assets.
