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Kraft Heinz (KHC) was Upgraded to a Hold Rating at Credit Suisse


Kraft Heinz (NASDAQ: KHC) received a Hold rating and a $52 price target from Credit Suisse analyst Robert Moskow yesterday. The company’s shares closed yesterday at $55.52, close to its 52-week low of $54.11.

According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.8% and a 53.5% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Campbell Soup.

Currently, the analyst consensus on Kraft Heinz is a Moderate Buy with an average price target of $67.14.

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The company has a one-year high of $82.48 and a one-year low of $54.11. Currently, Kraft Heinz has an average volume of 5.61M.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock.

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The Kraft Heinz Co. engages in the manufacture and market of food and beverage products. It operates through the following geographical segments: United States, Canada, EMEA, and Rest of the World. The Rest of the World segment is comprised of the Latin America and Asia Pacific segments.