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Kraft Heinz Co (KHC) Stock: Do Analysts Think You Should Accumulate?

Friday, December 01, 2023 12:23 PM | InvestorsObserver Analysts

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Kraft Heinz Co (KHC) Stock: Do Analysts Think You Should Accumulate?

InvestorsObserver is giving Kraft Heinz Co (KHC) an Analyst Rating Rank of 25, meaning KHC is ranked higher by analysts than 25% of stocks. The average price target for KHC is $38.142 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating KHC a Buy today. Find out what this means to you and get the rest of the rankings on KHC!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Kraft Heinz Co Stock Today?

Kraft Heinz Co (KHC) stock is trading at $35.32 as of 12:18 PM on Friday, Dec 1, an increase of $0.21, or 0.6% from the previous closing price of $35.11. The stock has traded between $34.99 and $35.35 so far today. Volume today is light. So far 2,610,966 shares have traded compared to average volume of 8,110,378 shares. Click Here to get the full Stock Report for Kraft Heinz Co stock.

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